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Description

OFF-MARKET ‘Q1 2022

Winery –Awards, Goodwill, & Promotional Sales Flow

Woodinville, WA (King County)

Asking Price: $500,000

Cash Flow: $225,000

Gross Revenue: $518,000

FF&E: $50,000

Inventory: $250,000

Established: 2004

Employees: 3 (4 – 1099)

Business Description

Award-winning winery has created a valuable niche in the otherwise-crowded wine industry. Also the company’s popular tasting room creates revenue via tastings and the sales of wines by the bottle, and space rentals for events.

Key investment considerations include:

Recipient of top wine awards from across the country.
Trademarks on the name, tagline and some labels.
A 15,000+ mailing list and 400+ wine club members;
Highly effective social media with 2,000 consumers opted in SMS text services.
The Company and wines are extremely well reviewed by posters on Google, Yelp and OpenTable.
The Seller designed and sold at home tasting kits to keep revenue flowing during the pandemic.
NDA is required for executive summary crafted by ProNova Partners.

Detailed Information

Facilities:

Operations are conducted from a well-designed 3,500 square foot facility in a commercial strip mall. The lease is month-to-month and rent is $2,890.00. The space offers a tasting bar, places to sit and for performers to play. The location is frequently rented for events. Although some wine is kept onsite, most are kept in two other climate-controlled warehouses for an additional lease fee.

Competition:

Tasting Room has competition from area wineries, but main portion of the business does not.

Growth & Expansion:

Increase the sales department to expand nationwide.

Financing:

TBD if structure and terms are acceptable.

Support & Training:

To ensure a smooth transition and ongoing success the Seller will work with a buyer as needed for one month, longer as a consultant as negotiated.

Reason for Selling:

It’s time to retire (age 72) and relax with a bottle of wine.

Contact info

Pronova Partners

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