Hot Listing
Turn-Key Wine & Spirits Boutique in Clinton Hill, 8 yr lease, backyard
Business Description
TURN-KEY WINE & SPIRITS BOUTIQUE - CLINTON HILL, BROOKLYN
Corkscrew Wines & Spirits presents an exceptional opportunity in Brooklyn's thriving Clinton Hill neighborhood. This established natural wine and craft spirits boutique has operated successfully since 2013, generating strong financial performance with consistent double-digit annual growth.
FINANCIAL PERFORMANCE:
• Annual Revenue: $875,000
• Seller's Discretionary Earnings: $240,000
• Strong profit margins in specialized market segment
• Consistent growth trajectory since establishment
BUSINESS ADVANTAGES:
• Unique market position specializing in natural wines and craft spirits
• No direct local competition in this specialized niche
• Loyal customer base built over 11 years of operation
• Currently absentee-owner operated with 3 employees
• Established delivery revenue exceeding $100,000 annually through Grubhub
• Safe, friendly neighborhood location with strong foot traffic
PROPERTY & LEASE DETAILS:
• 600 square feet retail space with unique backyard access
• Lease through April 2028 at $3,935/month
• 5-year renewal option with established rent Mincrease caps
• Large basement with a separate warehouse permit
GROWTH OPPORTUNITIES:
• Expand delivery presence to DoorDash and Uber Eats platforms
• Develop wine and spirits membership clubs
• Launch educational programs and tasting events
• Leverage established brand recognition for market expansion
INCLUDED ASSETS:
• FF&E valued at $75,000
• Inventory valued at $65,000=
• Established customer database and brand recognition
• Comprehensive operational systems
The seller provides full support and training to ensure a seamless transition. This turnkey operation combines proven profitability with significant expansion potential in Brooklyn's dynamic retail market.
Seller financing available. The owner is selling to pursue different retail opportunities.
Corkscrew Wines & Spirits presents an exceptional opportunity in Brooklyn's thriving Clinton Hill neighborhood. This established natural wine and craft spirits boutique has operated successfully since 2013, generating strong financial performance with consistent double-digit annual growth.
FINANCIAL PERFORMANCE:
• Annual Revenue: $875,000
• Seller's Discretionary Earnings: $240,000
• Strong profit margins in specialized market segment
• Consistent growth trajectory since establishment
BUSINESS ADVANTAGES:
• Unique market position specializing in natural wines and craft spirits
• No direct local competition in this specialized niche
• Loyal customer base built over 11 years of operation
• Currently absentee-owner operated with 3 employees
• Established delivery revenue exceeding $100,000 annually through Grubhub
• Safe, friendly neighborhood location with strong foot traffic
PROPERTY & LEASE DETAILS:
• 600 square feet retail space with unique backyard access
• Lease through April 2028 at $3,935/month
• 5-year renewal option with established rent Mincrease caps
• Large basement with a separate warehouse permit
GROWTH OPPORTUNITIES:
• Expand delivery presence to DoorDash and Uber Eats platforms
• Develop wine and spirits membership clubs
• Launch educational programs and tasting events
• Leverage established brand recognition for market expansion
INCLUDED ASSETS:
• FF&E valued at $75,000
• Inventory valued at $65,000=
• Established customer database and brand recognition
• Comprehensive operational systems
The seller provides full support and training to ensure a seamless transition. This turnkey operation combines proven profitability with significant expansion potential in Brooklyn's dynamic retail market.
Seller financing available. The owner is selling to pursue different retail opportunities.
About the Business
- Years in Operation
- 12
- Employees
- 3
- Facilities & Assets
- Established, well-known, and respected brand
6000+ mailing list, email and text
Loyal, affluent customer base, repeat customers
High average sales $
very high profit margin
Warehouse permit, backyard usage
TurnKey opportunity
Inventory NOT INCLUDED - Market Outlook / Competition
- Corkscrew is an established wine store with an excellent reputation and brand loyalty. NO OTHER store in the area focuses on Natural wines and spirits like we do—double-digit annual growth.
- Opportunities for Growth
- Growth opportunities include third-market platforms such as DoorDash, Uber Eats. Currently only on Grubhub and do +100k annually.
Wine or Spirits member clubs, delivery programs, and educational programs.
3 years remaining on the lease at the current rent, with a 3% annual increase, plus a 5-year renewal option at fair market rent, with established max rent increase.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 600
- Rent
- $3,935.00 per month
- Lease Expiration
- 4/30/2028
About the Sale
- Seller Motivation
- Moving into a diffrent area of retail.
- Transition Support
- Support and training as needed/wanted by the owner or staff. Here to help you be successful!
- Financing Options
- N/a
Listing Info
- ID
- 2351197
- Listing Views
- 2494
Business Location
Listing ID: 2351197 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.
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