Wine Store with Popular Wine Club
Listing Details
- Down Payment: $450,000
- Sales: $1,297,221
- Seller's Discretionary Earnings: $146,139
- Inventory: $75,000
- Furniture, Fixtures, and Equipment: $100,000
- Rent: $5,000
- Employees:
- Year Established: 2019
- Reason for Selling: Relocated
Business Description
Nationally acclaimed wine shop in Washington DC with multi-pronged sales strategy: direct online sales with regular newsletters, subscription-based wine club, third-party wine club fulfillment and traditional brick-and-mortar store with tasting license.
A rare chance to acquire a blue-chip wine store brand at a price that could provide significant ROI in the near term. There is real upside potential for a new owner to benefit from DC’s post-pandemic economic rebound, invest in the subscription-based club business and scale nationally, and to activate the available on-premises sales license (Class CT "Tavern" license) to fold in wine bar-margins.
Founded by a savvy social media and e-commerce entrepreneur who has married digital brand asset development with the benefits of a Washington-DC based Class-A retail beer, wine and liquor license, including ability to import select wines directly from the source.
The founder and principal owner has moved out of area and is looking for the right person or group to take over the business and lead it forward.