Printer



Active

Proprietary Spirits Distillery with On-site Bar (17836)


Recently name “Best of Florida” Distillery, and winning awards for Best Flavored Vodka in NA and for it’s Bourbon, this distillery is open to a recapitalization - As a young company at 20% capacity, there’s a strong promise for growth as their reputation expands throughout the area! Located in Tampa Bay Area of Florida, this distillery includes three revenue streams and multiple private brands of spirits. The company manufactures a unique selection of craft spirits that are distilled in house and distributed to regional area pubs, restaurants and bars. Recently moved products into Louisiana and Georgia. The successful craft spirt distillery and cocktail bar has earned its valuable reputation over the past three years by providing a true craft cocktail environment. Southern States Business Awards 2024 named it: Best Distillery Tour & Tasting Experience 2024. The proprietary types of flavored spirits include vodka, bourbon, gin, rum and whiskey. Apart from wholesale and distribution, they maintain a tasting room in which they sell craft cocktails to loyal patrons. Spirits, branded merchandise, packaged mixers and glassware are also sold. Offering tours & tastings, the location features a bar and distillery including 4,800 square feet of space, 600 square feet is used for office/retail with the remaining square feet used for manufacturing. With very minimal marketing in the past four years, new ownership would ideally have access to strong marketing strategies. Marketing efforts performed have been shown to have positive returns on investment and prospective customer engagement rates. Other expansion opportunities exist in additional employees, a remote facility and crowd-funding. Revenues 2024 will be over $400,000 while also providing a strong profit stream for ownership. This offering includes approximately $1,000,000 in assets and inventory and an extended transition is available to acclimate operations. All equipment is owned.



Listed By: Paula Kruger

Background information

Seller Number:

17836

Year established:

Owned in 2017 & Production in 2019.

Reason selling:

Looking for capital or buyout to grow the business.

Finance

Sales:

$400,000

Profits:

$39,415

Profit type:

Discretionary Earnings

Operations

Employees:

6 nonunion.

Equipment:

$760,000

Inventory:

$260,000

Premises

Facility:

Leased.

Square footage:

4,800+/-

Opportunities

Market:

Referral Sources.

Price and terms

Price:

$2,000,000

Financing:

Negotiable up to 20% for the right buyer.

Owner Transition:

An extended transition is available to acclimate operations