Company Overview
Established in 2008 and based in Miami-Dade County, this wine, liquor, and beer import and distribution company has been in operation for 17 years and is pre-qualified for SBA financing for U.S. citizens or permanent residents.
Licenses:
– Federal import license
– Distribution licenses in Florida, North Carolina, and additional states
Products:
A wide selection of wines, liquors, and beers, primarily imported from Italy and Chile, with smaller volumes from other countries.
Clients:
Over 250 active customers including restaurants, restaurant chains, wine & liquor stores, and regional distributors.
Territories Served:
Florida, North Carolina, and the Bahamas
Team:
– 1 General Manager
– 1 Office Administrator
– 1 Warehouse Operator
– 1 Delivery Driver
– 7 Sales Representatives
The business is semi-absentee operated and well-structured, with a trained team in place.
Investor Visa:
This business qualifies for a U.S. Investor Visa (E-2).
Transition Support:
Seller will remain for up to 180 days to ensure a complete and smooth transition.
Reason for Sale:
The owner is retiring.
Financial Information
Asking Price: $2,650,000 (Inventory not included)
Pre-approved SBA Loan Available for qualified U.S. citizens or residents.
2023 Financials:
– Sales: $2,898,500
– Seller Discretionary Earnings (SDE): $580,200
2022 Financials:
– Sales: $2,743,100
– Seller Discretionary Earnings (SDE): $546,600
Down Payment (Equity): $350,000
Inventory at Closing: $250,000 (required to be purchased separately)
SBA Bank Loan: $2,150,000
Seller Financing (Note): $150,000
Total Inventory Value: ±$1,000,000 (not included in asking price)
– $250,000 due at closing
– Remaining inventory balance payable over 6 months in equal monthly installments
Market Value of Equipment, Furniture, and Vehicles: ±$175,000
Proof of Funds: Required from all interested buyers with funds available in U.S. banks.
Facility Description
Location: Miami-Dade County, Florida
The business operates from a fully refrigerated warehouse with attached office space in a prime, easily accessible location near major roads and highways.
Total Space: 9,000 Sq. Ft. (837 m²)
Monthly Rent: $9,350
Lease: Long-term lease in place, renewable