Owner sold 11 new territories in 2009 with 20 territories in operation. Territories were sold in AL, GA, TX & TN. Distribution operations running in 9 other territories.
Established wine distribution business with over 8 years in the industry averages more than 70% growth year after year. This is so successful because the company has established, exclusive agreements with more than 30 wineries and currently represent more than 95 labels from all over the world, including Argentina, Chile, France, Sicily, Germany, and of course the California Wine Region. Company has a proven business model that produces high margins and keeps operating cost to a minimum. Territory prices range from $75K-$325K.
Market Outlook and Competition:All territories are protected and wine contracts are exclusive. Huge potential for growth. Owner has had 70% increases per year. This is a business that has proven itself successful through the worse economy since the depression. |
