Profitable Upscale Retail Wine Store
Profitable Upscale Retail Wine Store
Sanford, NC
| Name of Business: | Profitable Upscale Retail Wine Store |
| Price: | $ 799,995 |
| Space Size: | 6,800 SF |
| Monthly Rent: | $ 13,000 |
Business Description
Unusual opportunity to own a highly successful, established retail wine operation near the NC Triangle. This 6,800ft2 shop is beautifully appointed, with tasting areas areas and tasteful racks/shelving, easy to “window-dress” for maximum sales results, holiday seasons, etc. Fully established systems and staffing in place to manage all aspects of this successful business. Rent is at approximately $13,000/mo, and the Lease term is until 2028.
Business net operating profit $117,000 for 2019.
Price reflects profitability of business and inventory level of approximately $250,000 in wine/beer.
Confidential listing, please contact broker for more information and to arrange tour.
Seller will provide reasonable support/training as needed.
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 6,800
- Lease Expiration:
- 3/30/2028
- Employees:
- 14
- Facilities:
- High visibility upscale shopping district with dense residential surrounding, chain restaurants, etc.
- Financing:
- Seller will consider partial financing for qualified buyer.
- Reason for Selling:
- Capitalization for expansion
Additional Information:
| County: | Wake |
| Year Established: | 2014 |
| Number of Employees: | 14 |
| Lease End Date: | March 30, 2028 |