Hot Listing
Profitable, Turn-Key Wine & Spirits Boutique in Clinton Hill
Business Description
Corkscrew Wines & Spirits Brooklyn presents an exceptional turnkey opportunity in the thriving Clinton Hill neighborhood. Established in 2013, this profitable natural wine and craft spirits boutique has achieved consistent double-digit growth annually, generating $875,000 in revenue with $240,000 in seller's discretionary earnings.
BUSINESS HIGHLIGHTS:
• Specialized focus on natural wines and craft spirits with no direct local competition
• Strong customer loyalty with 4.8-star Google and Yelp ratings
• Established 6,000+ customer mailing list
• Currently generating over $100,000 annually through Grubhub delivery
• Large basement with separate warehouse permit for efficient operations
• Unique backyard access in urban setting
• Absentee owner operation with 3 employees
FINANCIALS & ASSETS:
• Annual Revenue: $875,000
• Cash Flow (SDE): $240,000
• FF&E Value: $75,000
• Inventory Value: $65,000
• Asking Price: $545,000
LOCATION & LEASE:
• Prime 600 sq ft retail space in safe, friendly Clinton Hill neighborhood
• Lease rate: $3,935/month through April 2028
• 5-year renewal option available with established rent increase caps
GROWTH OPPORTUNITIES:
• Expand to additional delivery platforms (DoorDash, Uber Eats)
• Develop wine/spirits membership clubs and delivery programs
• Educational wine programs and tastings
• Leverage established brand recognition and customer base
The current owner offers comprehensive support and training to ensure a seamless transition. This well-established business combines strong fundamentals with significant growth potential in Brooklyn's dynamic market. Seller financing available.
BUSINESS HIGHLIGHTS:
• Specialized focus on natural wines and craft spirits with no direct local competition
• Strong customer loyalty with 4.8-star Google and Yelp ratings
• Established 6,000+ customer mailing list
• Currently generating over $100,000 annually through Grubhub delivery
• Large basement with separate warehouse permit for efficient operations
• Unique backyard access in urban setting
• Absentee owner operation with 3 employees
FINANCIALS & ASSETS:
• Annual Revenue: $875,000
• Cash Flow (SDE): $240,000
• FF&E Value: $75,000
• Inventory Value: $65,000
• Asking Price: $545,000
LOCATION & LEASE:
• Prime 600 sq ft retail space in safe, friendly Clinton Hill neighborhood
• Lease rate: $3,935/month through April 2028
• 5-year renewal option available with established rent increase caps
GROWTH OPPORTUNITIES:
• Expand to additional delivery platforms (DoorDash, Uber Eats)
• Develop wine/spirits membership clubs and delivery programs
• Educational wine programs and tastings
• Leverage established brand recognition and customer base
The current owner offers comprehensive support and training to ensure a seamless transition. This well-established business combines strong fundamentals with significant growth potential in Brooklyn's dynamic market. Seller financing available.
About the Business
- Years in Operation
- 12
- Employees
- 3
- Facilities & Assets
- Established, well-known, and respected brand
6000+ mailing list, email and text
Loyal, affluent customer base, repeat customers
High average sales $
very high profit margin
Warehouse permit, backyard usage
TurnKey opportunity
Inventory NOT INCLUDED - Market Outlook / Competition
- Corkscrew is an established wine store with an excellent reputation and brand loyalty. NO OTHER store in the area focuses on Natural wines and spirits like we do—double-digit annual growth.
- Opportunities for Growth
- Growth opportunities include third-market platforms such as DoorDash, Uber Eats. Currently only on Grubhub and do +100k annually.
Wine or Spirits member clubs, delivery programs, and educational programs.
3 years remaining on the lease at the current rent, with a 3% annual increase, plus a 5-year renewal option at fair market rent, with established max rent increase.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 600
- Rent
- $3,935.00 per month
- Lease Expiration
- 4/30/2028
About the Sale
- Seller Motivation
- Moving into a diffrent area of retail.
- Transition Support
- Support and training as needed/wanted by the owner or staff. Here to help you be successful!
- Financing Options
- N/a
Listing Info
- ID
- 2351197
- Listing Views
- 2456
Business Location
Listing ID: 2351197 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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