Located in one of Fairfield County’s most affluent communities, this established specialty wine business has built a loyal following through knowledgeable service, carefully selected products, memorable tastings and long-standing customer relationships.
The business has generated average annual revenue of approximately $1.19 million over the past three years, with average Seller’s Discretionary Earnings of approximately $138,000. It has been established for more than nine years and is supported by four employees who assist with customer service, tastings, order fulfillment, bookkeeping, accounts payable, customer communications and email marketing. The owner currently works approximately 35 hours per week overseeing purchasing, inventory, payroll, vendor relationships and key customer accounts.
Revenue comes from several established channels, including in-store purchases, wine tastings, online orders and direct-to-client sales generated through email marketing, text outreach and long-term customer relationships. This provides a buyer with an existing customer base and multiple ways to continue growing the business.
The store benefits from exceptionally low monthly rent of approximately $2,586, with about three years remaining on the current lease and an additional three-year renewal option. The business has also earned a 5-star Google rating, reflecting its strong reputation for service, product knowledge and customer experience.
The asking price includes the furniture, fixtures and equipment, along with a fully paid-off 2020 delivery van. Inventory is not included in the sale price.
There is meaningful room for a new owner to expand corporate gifting, private events, wine clubs, online ordering, delivery and direct-to-client sales. An experienced operator could also build upon the business’s existing customer database, tasting program and established local reputation.
The owner is selling due to plans to relocate to Florida and is willing to provide three to six months of training and transition support, including vendor introductions and assistance transferring important customer relationships.
This is an opportunity to acquire an established, high-volume retail business with more than $1 million in annual sales, loyal customers, trained employees, low occupancy costs and several proven revenue channels already in place.
Serious and financially qualified buyers are invited to inquire for additional information and the confidential business summary.