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Provider Of Wine & Spirit Tastings
Location: United States
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

The World's Leading Specialty Provider of Sommelier-Guided Wine & Spirits Tastings

- 8 years of
successful live
events for most
Fortune 500
companies
- Putting skills of
the world's best
sommeliers to
optimal use
- No meaningful
competitors in
existence
- Minimal working
capital and
overhead
- Zero marketing
costs unless
additional
growth desired
Defensibility& Sustainability: Exceptionally Strong
→ The largest managed sommelier network inexistence – with
ability to serve event clients in all locations globally
→ Polished, event-experienced, certified sommeliers with
exceptional entertainment and presentation skills
→ Strong existing relationship with key corporate event planners
→ Owner and team available to continue with the business
Future Story: Growth Goes On
→ Potential to increase capacity by growing the team. This can
immediately capture inbound requests that the company has
been turning away, +$1 million/year in revenue
→ Active marketing can enable extreme growth, as growth has
been strong every year without any outbound initiatives
→ In addition to in-person events, virtual events are now an
established business line with big budgets for 2021
→ Profit margins have been kept very high. Potential for much
more revenue is available by segmenting the pricing options.
→ Expanding the other highly profitable business lines outside the
live events, including an active wine insurance claim division


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $3,700,000
Cash Flow:   $2,400,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  35 - 49
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned




Print Listing Id: 700355785
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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