Price: $495,550
Location: Vancouver Island
Province: British Columbia
Industry: Beer and Wine-Making Supplies Stores
Listing ID: VANCOBC002-N547
This profitable ferment-on-premises shop and store available on Vancouver Island provides assistance to clients looking to create their own wines, beers, and ciders. They have unique blends and flavours not available at other retailers and use high quality ingredients for their beverages. Their clients consistently receive the best finished product with exceptional customer service along the way.
With long term loyal clients and a strong presence in the community, this business is ready for a new owner with a passion for wine to build upon an already strong foundation. This business comes with all required equipment and a continued lease on the current space. The current lease is provided by the seller. If desired, the commercial strata unit is also available for purchase.
Type of Sale: Share Sale
Business Asking Price: $495,550
Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $41,000 (Inclusive of Inventory)
Total Sales: $602,000
Cash Flow: $174,000
FFE Included: Yes
Inventory Included: Yes
Reason For Sale: The Seller is looking to pursue other interests.
Training & Support: The Seller will provide an agreed period of training and transition to the new owner.
Potential Growth: There are possible expansion or franchise opportunities for this business.