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Sommelier - Guided Wine & Spirits Tastings
Location: United States
Industry: Food and Beverage > Other Food and Beverage




Business Summary

- 8 years of successful in-person and virtual 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 in existence – with ability to serve event clients in all locations globally
→ Polished, event-experienced, certified sommeliers with exceptional entertainment and presentation skills
→ Strong existing relationships 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:   $5,500,000
Cash Flow:   $3,500,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  100 - 200
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned




Print Listing Id: 700360446
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Also See: Franchise Opportunities > Franchise Resales

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