Long-established Specialty Wine Retailer
Business Description
Established, Profitable Fine Wine Retailer in Booming North Carolina Market
Annual revenue exceeds $4 million with seller's discretionary earnings in the mid-$300,000s. Excellent gross margins.
Long-established specialty wine retailer in a growing, affluent North Carolina market. The business has a loyal, repeat customer base of many years, built on knowledgeable service and a well-curated selection, and it has been consistently profitable through changes in the economy.
This is a high profile destination retailer, not a convenience stop. Customers come for staff who know their preferences, for recommendations they trust, and for a selection that goes well beyond what grocery and big-box stores carry. Regular in-store tastings and events keep the calendar full and bring customers back week after week. This is a high-performing retail business characterized by repeat purchases and thousands of transactions annually.
Store management and experienced sales staff are in place, so the owner is not required on the floor. Day-to-day operations are handled by the team.
The trade name and goodwill, all fixtures and equipment (including refrigeration, racking, point-of-sale and tasting equipment), the website and customer database, newsletter and social media accounts, supplier relationships , and leased premises; the lease is assignable with landlord consent.
Inventory is sold separately at cost, counted jointly at closing.
Annual revenue exceeds $4 million with seller's discretionary earnings in the mid-$300,000s. Excellent gross margins.
Long-established specialty wine retailer in a growing, affluent North Carolina market. The business has a loyal, repeat customer base of many years, built on knowledgeable service and a well-curated selection, and it has been consistently profitable through changes in the economy.
This is a high profile destination retailer, not a convenience stop. Customers come for staff who know their preferences, for recommendations they trust, and for a selection that goes well beyond what grocery and big-box stores carry. Regular in-store tastings and events keep the calendar full and bring customers back week after week. This is a high-performing retail business characterized by repeat purchases and thousands of transactions annually.
Store management and experienced sales staff are in place, so the owner is not required on the floor. Day-to-day operations are handled by the team.
The trade name and goodwill, all fixtures and equipment (including refrigeration, racking, point-of-sale and tasting equipment), the website and customer database, newsletter and social media accounts, supplier relationships , and leased premises; the lease is assignable with landlord consent.
Inventory is sold separately at cost, counted jointly at closing.
About the Business
- Facilities & Assets
- Leased
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other Business Interests
- Transition Support
- Yes, owner transition period; management and staff expected to remain.
Listing Info
- ID
- 2555865
- Listing Views
- 5
Listing ID: 2555865 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNorth Carolina Businesses for SaleNorth Carolina Food & Beverage Businesses for SaleNorth Carolina Liquor Stores Businesses for Sale
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