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Wine Storage Facility Business Club, Rental Income
Location: United States -> New York -> All of New York
Industry: Real Estate > Other Real Estate




Business Summary

I seek a partner for a Private Membership Club & Wine Storage Facility. I own a
successful existing concept in Toronto, Canada and am willing to commit my assets/my
knowledge to the development of an American location given that I find the right
partner.

For further information please contact Nik +1 905 325 9365

The model has multiple revenue streams
Main revenue streams include

-Monthly rental of 1,500 personal storage lockers for Wine
-Recurring annual member fee's
-Corporate Events Bookings
-Conference Room Bookings
-Wine Auctions
-Food

The Business model is extremely cost effective for prospects, majority of membership
prospects sign on board within 24 hours. Our access to Wine Wholesalers allows our
members to purchase wines without the costly markup and without corkage fee.
Members consist of Corporations, Doctors, Lawyers, Entrepreneurs, and Executives etc.
It's an exciting business opportunity in a high end luxury hospitality concept. Top down
turnkey offer to join in before expansion phase slated for 2020. Services include state-
of-the-art wine cellaring, exclusive private members only club, custom wine ordering,
fine dining cuisine, sommelier tutored tastings, bespoke wine auctions.
Return on investment projected to be 30% -35% per annum.

For further information please contact Nik

+ 1 905 325 9365


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $6,000,000
Cash Flow:   $500,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Yes Full Support and Training
Reason For Selling:  Growth

Photos

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Wine Storage Facility Business Club, Rental Income Photo 1




Print Listing Id: 700343003
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