Business Overview

Business highlights:

* Making Award-Winning Products
* Inventory includes over 12,900 estimated proof gallons
* Environmentally Conscious “Green” Operational Facility
* Good Distribution, 9th Year in Business
* Unique Ingredients/Recipes
* Highest quality Barrels and Aging Process
* Sellable Inventory included from Day 1
* Potential for Absentee Owner

A New Distiller can spend 2-3 years getting ready, another 2-3 years producing and aging product, then take a chance at making good product OR BUY THIS DISTILLERY ALREADY CURRENTLY MAKING AWARD WINNING PRODUCTS WITH 2-3 YEARS OF INVENTORY ON HAND TO BOTTLE AND SELL. This is a total asset offering including land, buildings, equipment, brand, recipes and aging inventory. Being a craft spirits distillery is all about making great American whiskey and spirits and owners doing what they know and being able to say they make their whiskey in a still that is made in the United States. This is important to a true craft spirits distiller.

Unique quality ingredients. This Distillery is the recipient of many awards as compared with products from more than 1800 Craft Distillers operating in the U.S.A.

In Summary, should you start from scratch? Or save five years and start at the top ready to roll?

Financial

  • Asking Price: $4,000,000
  • Cash Flow: $28,000
  • Gross Revenue: $489,501
  • EBITDA: N/A
  • FF&E: $792,280
  • Inventory: $2,733,617
  • Inventory Included: Yes
  • Established: 2011

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:4,348
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Currently owns a 4348 s.f. facility, the real estate and many rickhouses for aging product.

Is Support & Training Included:

Will provide 4 weeks of training.

Purpose For Selling:

Retirement

Additional Info

The business was founded in 2011, making the business 11 years old.
The transaction does include inventory valued at $2,733,617, which is included in the listing price.

The business has 6 employees and is situated in a building with disclosed square footage of 4,348 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals choose to sell operating businesses. Nevertheless, the genuine reason vs the one they say to you might be 2 totally different things. For instance, they may say "I have a lot of other obligations" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might just be excuses to attempt to hide the reality of transforming demographics, increased competition, recent decrease in profits, or an array of other reasons. This is why it is very vital that you not count entirely on a seller's word, but instead, use the seller's solution combined with your overall due diligence. This will paint a much more practical picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many companies finance loans in order to cover things like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can mean that revenue margins are too thin. Many companies fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be satisfied or might result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location draw in new clients? Most times, businesses have repeat customers, which develop the core of their everyday profits. Specific variables such as brand-new competition growing up around the area, roadway construction, as well as staff turn over can impact repeat clients and negatively affect future profits. One crucial thing to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Obviously, the more individuals that see the business on a regular basis, the greater the chance to construct a returning customer base. A final idea is the basic area demographics. Is the business placed in a densely populated city, or is it located on the edge of town? How might the neighborhood average household income impact future earnings potential?