Transaction Announcement

Transaction  Announcement

Broker, Matt Prescott, of Transworld Business Advisors of Denver Closes Deal in the Wine and Spirits Industry
Denver, Colo., United States (August 23, 2017) Transworld Business Advisors of Denver, a leading business brokerage firm in the state of Colorado, is pleased to announce that a local purveyor of wine and spirits, traded to a new owner due to the support of Matt Prescott.

"I felt lucky to have the opportunity to work on this deal." says Matt Prescott, a Business Broker with Transworld Denver. "The business is located in my neighborhood, so I really wanted to make sure it traded to someone who would continue to bring their level of service to the area! While the deal had some difficulties due to changes in Denver liquor licensing laws, ultimately we were able to button the deal up and keep it moving forward." 

This business is a thriving and established wine and liquor store in the Denver Metro area. They have been in business for more than 16 years and have seen consistent year over year revenue growth. They began as a small wine shop and grew to provide a wider array of beverages to the community from wine, to beer and spirits. Located in a popular and continually developing area, this business is sure to continue on its path of success far into the future.

For a look at Transworld listings still available for sale, visit our website or schedule a consultation with one of our brokers today!

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Rachael Holstein joined the Transworld Team in 2016 as Marketing Coordinator. Her working experience has been largely focused on Business Development and Marketing in the finance, architecture, property management, and information technology industries. A long-time resident of Cleveland, Ohio, she attained her Undergrad from John Carroll University and a Master's Degree in Global Interactions from Cleveland State University. She relocated to Denver in 2013 for a change of scenery and a bit of adventure.