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Fri, Feb 28 2020 09:31:21 AM  |  /

A Large Independent Importer and Distributor of Fine Wines

Business Id:000376     |    Reference: EJ076
Leasehold Price:
£360,000.00
Business Description

A Large Independent Importer and Distributor of Fine Wines
Ref. EJ076
Location : South West
Asking Price : £360,000 + 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.

 
Business Information
Turnover:£825,000.00 Annually
Profit:£92,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Wine Merchants, Import Export Businesses
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
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Business Profile
Equipment:
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.
Key Opportunities:
Financial performance: Turnover c. £825,000 Gross profit c. £184,000 Adjusted net profit c. £92,000 The goodwill in this long established business is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendors and all interested parties under the auspices of Turner Butler.
Asking Price: The asking price of £360,000 is for the goodwill of this partnership. The wine stock is both diverse and substantial, the value of which is not included in the asking price.
Advertising and Marketing: The business has a very limited advertising spend.
Growth and Expansion: All growth has been entirely organic to date but future potential expansion is enormous.
Premises:
Business Hours:
Employees: There are three active members of the partnership plus the help of one employee.
Support and Training:

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