Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Business For Sale. A Large Independent Importer And Distributor Of Fine Wines

LISTING DETAILS
Firms For Sale ID:
35079
Vendor reference:
EJ076
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£250,000  
Turnover / revenue:
£825,000
Net profit / cashflow:
£92,000
Number of employees:
4
Employees / staffing:
There are three active members of the partnership plus the help of one employee.

OTHER DETAILS
Reason for selling:
Retirement of the older partners. The active members of the partnership wish to explore other opportunities outside of the industry.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The day to day administration of the business is home based. The wines are warehoused at an annual cost of approximately £4,000.
 
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BUSINESS DESCRIPTION
A Large Independent Importer and Distributor of Fine Wines
Ref. EJ076
Location : South West
Asking Price : £250,000 + SAV
Turner Butler has been appointed to invite offers of purchase for the goodwill and assets of this long time established wine importer.
Business Profile
The main activity of the business is the importation and distribution of fine wines. They supply corporate clients, wine merchants, hotels, restaurants, wine bars, universities and private wine connoisseurs. They also organise regular wine tasting events throughout the year which attract many visitors. They have an established range of over 400 European and New World fine wines (Stock)
Customer Service:
Client satisfaction is paramount. This is borne out by very long standing relationships with loyal and trusting customers.
Key Strengths:
They import and distribute fine wines and quality spirits. This much respected wine merchant has developed long term relationships with many of the best international vineyards and estates.

Expansion Potential
All growth has been entirely organic to date but future potential expansion is enormous.

Market / Competition / Non-Competition Agreements
The business has a very limited advertising spend.