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Acquire Partnership In An Award Winning Tequila Company
Location: United States -> Georgia
Industry: Food and Beverage > Food Production and Packaging




Business Summary

Rare opportunity to acquire 40% partnership into an established yet growing Tequila company.

This award-winning brand tequila was launched in 2017 but already sells in ten largest tequila consumption States in such leading national retail chains as Total Wine & More, ABC Fine Wine & Spirits, Publix, Walmart and Liquor Barn and in a robust network of independent on-premise and off-premise accounts. In the last 12 months of operations, the business has achieved 100%+ growth in sales and 46.3%+ increase in points of distribution, with our
U.S. management team and the distillery working hard to repeat or topple the commercial success of our predecessor.

Positioned in the fastest growing price segment of a $3 Billion tequila industry ($20-$35): according to the Distilled Spirits Council, this price category realized a 18.2% increase in sales volume in 2018.

The brand achieved 100% + increase in sales in 2019, with further 200% to 245% sales volume gain projected for 2020.

Currently, they are in 10 largest tequila consumption States with 12 more in process to be added in 2020, an excellent distribution footprint that will accelerate sales and result in enhanced brand recognition.

Achieved more than 2,600 points of distribution in 2019 across the current distribution footprint, a 46.3% year-over-year increase.

Approved for major expansions within Walmart chain in West US and at Spec's in Texas, which will add extra 1,650 points of distribution beginning 2020.

They have maintain an average gross profit margin of 55%, which exceeds the benchmark average 43.84% margin for an imported beverage alcohol.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $1,715,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  other




Print Listing Id: 700343429
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Georgia Businesses For Sale > Georgia Franchises For Sale > Georgia Business Brokers



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