Extremely Profitable Boutique Wine Shop with Online Sales Shipping
San Francisco, CA
Extremely Profitable Boutique Wine Shop with Online Sales Shipping Throughout USA; SBA Pre-Approved RRC#: 4243 Asking Price: $999,900 Location: San Francisco Annual Revenue: $1,598,228 Annual Cash Flow: Contact for Info Monthly Rent: $3,165 Expiration: December 2023 - Negotiable Listing Description: Long standing and well reviewed boutique wine shop in San Francisco for sale which has been pre-approved for an SBA loan. The shop has been in business since 2005, and specializes in high-end California wines. The shop receives special allocations from some of the finest wine producers in Napa, Sonoma, Santa Barbara and Paso Robles. 97% of sales come from shipping wine to customers across the United States and beyond, which means a new owner could move the business if they chose to or continue to operate at the current location. The average wine order is approximately $700. The business has a very strong email marketing campaign and online ordering sales. Prior to covid, the wine shop hosted weekly wine tastings which have since moved to Zoom. A new owner could reinstate in-person tastings. The business enjoys very low overhead, with rent at $3,165/month, and low labor costs. The owner works in the business full-time, and has an IT guy for the online website, email marketing and social media and one additional employee who works 16-20 hours/week. Revenue has been very consistent over the past three years: 2019 = $1,464,479; 2020 = 1,524,475; 2021 = 1,598,228. Inventory is estimated at $200,000 and would be in addition to the purchase price. Fore more information on this gem of a business please complete an nda online or contact patrick@restaurantrealty.com. For more information please visit https://www.restaurantrealty.com/listings/4243/ General Information: Organization: Contact for Info Year Established: 2005 Employees: Contact for Info Reason For Sale: Other Interests Financial Information: Monthly Revenue: $133,185 Monthly Cash Flow: $37,001 Annual Revenue: $1,598,228 Annual Cash Flow: $444,005 Annual Payroll: Contact for Info Facilities: Square Feet: 1,100 Seating: N/A Parking: Street Parking Days/Hours of Operation: 6am - 3pm Monday - Friday
$999,900