$2,000,000.00
Asking Price
Address: Santa Monica, 90401.
Status: Active
Posting ID: 283862
11/15/23
Description
The winery breaks the cultural norms around wine and winemaking. Inspired by the casual everyday celebrations that foster connection, the wines are meant to be enjoyed by everyone. The owners/founders, women of color, follow their customers' guidance when building their brand and partnered with a world class winemaker in Napa Valley to achieve varietals that are not only special but approachable.
Business Comments
- 5x revenue growth in both 2022 and 2023. Will hit $500K in 2023
- In 400+ retail outlets and growing, opening in Big Retail in Q1 2024
- Simple ingredients w/ a focus on low sugar, gluten free and vegetarian ingredients
- 4 Varietals that are accessible and affordable, made in Napa, CA
- 750ml bottles as well as 100% compostable single serve in 2024
- Marketing aimed at women who control 85% of household purchases
Confidentiality is a concern for the Seller as he seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: Relocatable nationwide.
Competition: Plenty.
Growth & Expansion: This is the core motive driving the sale.
Financing: TBD if structure and terms are acceptable.
Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business and likely stick around long-term ideally.
Reason for Selling: Growth.
To get more information about this Winery - Woman Owned, Nationwide Recognition business for sale in Santa Monica please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283862 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Winery - Woman Owned, Nationwide Recognition, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Details
Asking Price: $2,000,000.00
Down: Call/Email
Cash Flow: $105,000.00
Revenue: $500,000.00
Area: Santa Monica
City: Santa Monica
Attributes:
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The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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