Price Drop below 100K! Established High End Gourmet Wine and Cheese

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New Price!, Great Location, Growth Opportunity, Owner Financing Avail.
Asking Price:
$99,500

Gross Revenue:
$375,000
Cash Flow:
$55,000
EBITDA:
$25,000
Inventory:
$75,000
not included in asking price

FF&E:
$75,000
included in asking price

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Business Description

This charming mom & pop wine and specialty food shop is a turnkey operation in business for nearly 12 years. Pioneering specialty retail in the Las Vegas valley, the shop has gained a following for their personal customer service, knowledge, and delicious goods. Loyal customers love the unique varieties of wines, cheeses and specialty foods. Everything is hand selected. The wines are primarily European and smaller production. The cheese and meats are well curated, cut to order along with custom platters available. Gourmet foods are from Europe and American producers. The store is also known for hard to find dry goods including pasta, olive oil, vinegar, chocolate, jams, etc.

In addition to the personable customer service, other offerings include weekly classes, custom classes, gift baskets, gift boxes, cheese & meat trays. Local collaborations with other businesses in the community include breweries, public radio stations, and the library. Well followed social media presence and updated website.

Buyer will require approval for liquor license

Very clean financials since inception available. Buyers Brokers welcome.

About the Business

Year Established:
2006
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
2,400
Lease Amount/Mo.:
$4,200.00
Facilities:
Strip mall on busy road in upscale community. Ample easy parking, open every day with great business neighbors offering complimentary goods and services. Sale of business includes current inventory, shelving, décor, refrigeration units, wine racks,
Website:
valleycheeseandwine.com/
Market Outlook/
Competition:
Limited immediate competition.
Growth & Expansion:
Potential is ripe for a second location in area offering buying power and brand recognition. Additional opportunities could include, expanded marketing of gift basket business, catering, café service style of cheese trays, wine by the glass, etc.
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About the Sale

Reason For Selling:
Personal reasons, the owners are moving out of state to care for family.
Training/Support:
Sellers will train new owner on business operations, if requested. 30 days should be sufficient.
Seller Financing:
Seller will consider up to 50% financing for qualified buyer

Listing Info

ID:
1366691
Ad Detail Views:
3170

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Business Listed by
Tim Howald

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U.S. Census Data for Clark County, NV
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Clark County, NV
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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