Established U-VIN (on premise wine making service) for Sale

Asking Price$108,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Established U-VIN (on premise wine making service) for Sale


Asking Price$108,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
With over 25 years in business, Crescent Wines in South Surrey / White Rock, BC, is a well established and thriving U-VIN (on premise wine making service, U-Brew) with a loyal customer base. We are not a winery but a place where customers make their own wine at a fraction of the cost of store bought wine. The customer starts the fermentation and returns 5-10 weeks later to bottle and enjoy their wine. We do everything in between to create the product using kits from established wine suppliers and enhanced methods. We are the only U-VIN in the South Surrey / White Rock area so can easily attract new customers coming into this growing region. We are pandemic and recession proof with lots of repeat customers and a very high retention rate. The business is fun and rewarding meeting and getting to know the many like-minded customers. A great family business opportunity or an opportunity for a single owner with a couple of employees. There is an upstairs mezzanine with two rooms and hall space that could be used for an office and meeting room (or whatever you like - not included in square footage).
About the Business
Years in Operation
29
Facilities & Assets
All equipment, fixtures, furniture currently in the store included in asking price. Any inventory left on day of transfer also included however wine kit inventory will be depleted (all wine making equipment for the home winemaker, labels etc. still left will be included)
Website
https://www.crescentwines.com
Market Outlook / Competition
No competition in the local South Surrey / White Rock area.
Opportunities for Growth
Good growth potential with marketing to budget and health conscious wine buyers. Room for expansion of a retail/gift shop area in the front. Large work space with potential for expanding into cider and/or beer making or other avenues.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,952
Lease Expiration
4/30/2027
About the Sale
Seller Motivation
Retirement
Transition Support
Support and training in all aspects of the business available before and after sale, handover time negotiable.
Listing Info
ID
2288131
Listing Views
1050
Business Location

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Business Listed by: Kathy Hicks

Listing ID: 2288131 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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