Profile: Educate Consumers About Wine Through A Variety Of Classes, Private Events.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$59,000 |
| Down Payment: |
$59,000 |
| Annual Revenue: |
$41,438 |
| Annual Adjusted Net: |
$28,957 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
Yes |
| Home Based: |
Yes |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Executive Summary
If You Are Looking For A Fun, Niche Business, This One May Be For You. This Classy Business Endeavors To Educate Consumers About Wine Through A Variety Of Classes, Private Events And Consulting. With A Background In The Wine Industry, The Seller Observed An Increase Of Wine Interest. However, She Says “People Are Interested In Wine, Yet Know Nothing About It And Don't Know Where To Really Begin”. According To The Seller, This Business Is The First Company To Directly Educate All Levels Of The Wine Industry, From The Individual To The Restaurant. The Educational Wine ‘events' Are Tailored To Meet Private Or Corporate Needs, From Large Parties To Corporate Team Builders And Everything In Between. Clients Contact The Business To Coordinate ‘events’, Whether Private Or Corporate. A Typical Event Is Structured Based On The Client's Budget, But Usually Includes Wine Tasting, Perhaps Some Food, And Education About The Varieties Of Wines Being Served. The Business Holds One Or Two Classes Per Month In Various Locations With The Emphasis Being On Wine Education.
Marketing
The Company Is Doing No Advertising At This Time. The Seller Stopped All Fee-Based Advertising In Mid-2007 Because She Felt It Was An Unprofitable Expense. She Has Built Up Her Clientele Primarily Through Word Of Mouth Referrals And By Passing Out Her Business Cards And Brochures At All Events. She Also Has A Website.
Strengths & Opportunities
Very Low Overhead –currently Home-Based; Fun Business; Opportunity For Growth In A Variety Of Industries Including Wedding Planning, Private Events And Classes At Existing Wineries And More Corporate Events.
Hours & Staffing
The Seller Works Approximately 30 Hours Per Week. This May Vary Depending On What Events Are Scheduled For That Week.
Area & Facility
The Business Is Currently Home-Based With Classes And Events Held Off-Site, Determined By The Venue. The Classes Are Typically Intimate Gatherings Of 8-10 Students, While Events Have Been As Large As 500 Guests.
Company History
The Seller Has Been Providing These Services For Two Years. In This Time She Has Established A Website And A Growing Database Of Loyal Clientele. She Recognizes The Need To Take The Business To The Next Level, But Lacks The Time And Capital To Move Forward.
Financial Summary
An Adjustment Has Been Made For Advertising. The Seller Stopped Advertising Mid-2007 Because She Felt It Wasn’t A Profitable Expense.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Jorge Merino, Broker at 858-391-3388 Non Disclosure Agreement |
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