This is an exciting opportunity to acquire a well established business that specialises in the import and distribution of Italian Wines and other European varieties.
The current owners established the Business in 2011 as a way to commercialise their passion for the region and its wines. It quickly grew to become a specialist supplier to the restaurant and hotel sector as well as many seasoned travellers who had experienced the region and its wines. They currently service an active client list of 144 Wholesale clients and over 1200 retail subscribers.
The business has continued to grow, even through covid, and will turn over $1,865,836(forecasted) this financial year in sales and generate earnings to the working owners of $452,910 (forecasted)
This business would be a great addition for an existing importer and distributor of wines or, as it has been for the current owners, be a great business and lifestyle opportunity for someone with a passion for food and wine.
$553,000 plus Stock at Value (approx. $350,000)
For a Full Information Memorandum, click here to complete the confidentiality agreement.
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