Wine Sales For Sale - Raleigh, North Carolina, NC - Wake County

PROFILE: Established And Profitable Retail Business In Beer, Wine, And Liquor

AD/LISTING INFORMATION
Status: Available
State: North Carolina
Location: Strip Center
County: Wake
City: Raleigh
Primary Category: Liquor Stores
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  122726
Seller Or Contact:  Jeff Snell
Primary Phone:  919-341-1100
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  9/5/08
Date Ad Last Revised:   9/5/08

FINANCIAL INFORMATION
Asking Price: $275,000
Down Payment: Call/Email
Annual Revenue: $875,100
Annual Adjusted Net: $76,400
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: Business Description :
Business Retails Beer, Wine, And Related Accessories And Products Carrying 1700 Wines In Stock, 400 Of Which Under The Popular $10 Price Point. Business Also Offers Products Online Via Thier Website.

Historical Summary:
The Business Has A 20 Year Track Record Of Steady Profits And Growth. Located In The Same Center The Entire Time The Business Has Brand Recognition And Is Frequented By Regulars And Visitors To The Center On A Daily Basis.

Owner Qualifications :
Owner Must Have Basic Understanding Of Business Ownership Including Marketing, Accounting, Customer Service, And Posess Or Be Willing To Acquire Understanding Of The History, Manufacture, And Unique Tastes Of Wine, Beer, And Other Products From Around The World.

Competition:
Big Box Retailers Had A Negative Impact On Sales In 2004 And 2005. 2006 And 2007 Sales Have Rebounded As Clients Have Returned And Area Neighborhoods Continue To Grow.

Potential For Growth :
This Business Has A Strong Sales History And Loyal Customer Base. 2007 Is Already Trending Higher Than A Good 2006. New Owners May Incrementally Fuel Growth By Holding Additional Events, Increasing Marketing, Or Introducing New Promotions. Additional Hours Could Be Added. New Owners Have Opportunity To Significantly Increase Online Sales.

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Resources

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