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For Sale: Winery - Woman Owned, Nationwide Recognition - Santa Monica, California

$2,000,000.00

Asking Price

  • Address: Santa Monica, 90401.

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.

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Contact

  1. Name: Rick Carlson
  2. phone iconPhone: 833-776-6682

Details

  1. Asking Price: $2,000,000.00

  2. Down: Call/Email

  3. Cash Flow: $105,000.00

  4. Revenue:    $500,000.00

  1. Area: Santa Monica

  2. City: Santa Monica

  1. Attributes:

    Broker CooperationFinancial AssistanceTraining & SupportOwner/Seller Financing

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Related Links & Information Regarding This Posting

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