Description
OFF-MARKET
Turnkey International High Net Income Wine Logistics Firm
Los Angeles, CA (LA County)
Seller Financing Available
Asking Price: Competitive Auction Format
Cash Flow: $1,141,825
Gross Revenue: $2,247,094
EBITDA: N/A
FF&E: N/A
Inventory: $3,000
Established: 2008
Employees: 4 (300 + Contractors)
Business Description
The Seller pioneered an age old problem into a lucrative business plan to solve temperature-controlled shipping challenges for rare and investment grade wines both cross-country and internationally.
Initially, the business was supposed to be an after-hours side-gig. But market demand was higher than expected and soon he was able to carve out a small niche segment serving private collection brokers, auction houses and the rich and famous.
Through the years, the Company has become known and respected for its professional white-glove ability to move high-value, blue-chip collectible and investment-quality wines. On average, the Company moves 30 or more collections per month. Collection values range from the hundreds of thousands of dollars to more than $60 million. Always profitable with no debt and a positive cash flow, the business has long exceeded $1Million in revenue, hitting a high of $2.5million in 2018. 2021 projections indicate a record year. NDA is required for comprehensive Confidential Information Memorandum (CIM) ~ {SUBMIT BELOW} ~
Detailed Information
Facilities:
CIM covers this, NDA required.
Competition:
Of the minimal competition in the industry, nobody ships private collection as a core business model. Most competition comes from wine storage facilities who are limited to the local region for logistics relationships and don’t operate on such wide a scope.
Growth & Expansion:
There’s so much opportunity in an expanding industry! Quite simply, develop good relationships and look for other ways to serve client needs, be it moving art, cars, other collectibles including high value food and beverage items. The Network and infrastructure is already built! Key markets like UK and Hong Kong would be imminent entry points for maximum net income generation.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
To ensure a smooth transition and ongoing success the Sellers will work with a Buyer as needed for three months, or as a consultant as negotiated.
Reason for Selling:
Other business interests.