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Business for Sale Summary [Non-Confidential]

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Morris County, NJ

Business Type: retailing businesses,bar/tavern/night clubs,liquor store/ wine,other eating & drinking places

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $900,000.00

  • Gross Revenues

    $930,000.00

  • Financing

    $ 200,000.00 Down and tbd

  • Owner's Cash Flow

    $149,500.00

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Business Description

A strong business specializing in fine wines and spirits. Works with small producers from around the world to hand select every wine and ensure that each is authentic and true to the region its from. Combines friendly service with quality selection. Has three trained sommeliers on staff to assist with wine selections. Store is temperature controlled so wines always taste fresh. Also sells premium beers and spirits. Has an old-time, wood paneled walk-in beer cooler. Sponsors free wine tastings and classes. Has its own website helping to promote the business. Provides consulting for parties and gatherings including in-home and corporate wine tastings. Has a wine of the month club that delivers to the doorstep with description, information on vintner, varietal, growing style and food pairings. Crafts beautiful boxed gifts of wine, glassware, chocolates, cigars, etc. - very popular with corporate accounts. Located in one of the three wealthiest counties in the country with numerous Fortune 500 companies in the area.

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