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Proprietary Spirits Distillery With On-site Bar (17836) For Sale

Tampa Bay Area, Florida, US
Asking Price:
$2,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$400,000
Cash Flow:
$39,000

Open to a recapitalization - As a young company at 20% capacity, there’s a strong promise for growth as their reputation expands throughout the area! Located in Tampa Bay Area of Florida, this distillery includes three revenue streams and multiple private brands of spirits. The company manufactures a niche selection of craft spirits that are distilled in house and distributed to regional area pubs, restaurants and bars. The successful craft spirt distillery and cocktail bar has earned its valuable reputation over the past three years by providing a true craft cocktail environment. The proprietary types of flavored spirits include vodka, bourbon, gin, rum and whiskey. During a renowned taste test, their vodka beat the competition, including that of a prominent distillery accounting for over 5% of the market share. Apart from wholesale and distribution, they maintain a bar in which they sell craft cocktails to local and regional patrons. In addition to spirits, branded merchandise, packaged mixers and candles are also sold. Offering tours & tastings, the leased location features a bar and distillery including 4,800 square feet of space, 600 square feet is used for office with the remaining square feet used for retail and manufacturing. With very minimal marketing in the past four years, new ownership would ideally have access to strong marketing strategies. Marketing efforts performed have been shown to have positive returns on investment and prospective customer engagement rates. Other expansion opportunities exist in additional employees, a remote facility and crowd-funding. Revenues 2022 will be over $400,000 while also providing a strong profit stream for ownership. This offering includes approximately $1,000,000 in assets and inventory and an extended transition is available to acclimate operations.

Property Information

Real Estate:

Lease

Size in square feet:
4,800+/-

Business Operation

Reasons for selling:

Looking for capital or buyout to grow the business.

Trading hours:

Mondays & Tuesdays Closed; on Wednesday, Thursdays and Sundays: Open 12PM - 6PM; Fridays & Saturdays: from 12PM to 8PM.

Employees:
6 nonunion.
Years established:
Owned in 2017 & Production in 2019.

Other Information

Support & training:

An extended transition is available to acclimate operations.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$760,000 - included in the asking price
Inventory / Stock value:
$260,000 - included in the asking price