WineStyles of Greensboro is a premier provider of Wine, Craft Beer, Custom Cheeses and Artisanal Foods and Gifts. As a franchise retail store, WineStyles makes the customer experience unique by offering educational classes, wine and beer memberships, weekly wine tastings, a tapas menu, live music, and so much more. The location has been in business since 2017 and has built a strong and loyal client/member base. The buyer is looking to exit the business to focus their efforts on other business ventures that they are currently involved in and is looking for the right buyer to take the business to the next level.
- Asking Price:
- $150,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $475,000
- Cash Flow:
- $30,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Located in an open air upscale mall, the business leases 1,420 square feet and has a great outdoor patio space. Neighbors include Barnes & Noble, Lululemon, Apple Store, Pottery Barn, etc.
Business Operation
- Expansion Potential:
-
Plenty of growth opportunities exist in terms of food options, specialty events and building relationships with other high end retailers and businesses in and around this upscale mall area.
- Competition / Market:
-
Although other wine and beer retailers exist, this business has done a nice job building a loyal customer base over almost two decades.
- Reasons for selling:
-
Owner moving out of State.
- Trading hours:
-
Sun-Thurs 2pm-9pm; Fri-Sat 1pm-10pm
- Employees:
- 4 PT
- Years established:
- 16
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Will train for 3 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$100K down/$50K over 60 mos. @ 6%.
- Furniture / Fixtures value:
- $75,000 - included in the asking price
- Inventory / Stock value:
- $25,000 - included in the asking price
