Very Profitable Canadian Wine Making Franchise For Sale

Business description

This is the top producing franchise for the leader in the Canadian consumer wine making. On average the business has seen a 25% growth in revenues over the past 4 years and is situated in the fasted growing region in Canada. Since its inception in 2003, the franchise has been profitable and provided the owners a very good income. A new owner with energy and passion combined with the opportunities within this franchise to easily take this high growth business to the next level. The learning curve is low and it is a very interesting business to own.

In five years, the revenues have grown to over $530,000 and the business is showing another strong year of growth. The franchise is territory protected and has first right of refusal on the neighbouring market. The franchisee has a very reasonable and supportive relationship with their franchisors.

The owners are asking $435,800 for the business which includes inventory, account receivables, store operations, equipment and the franchise license for another 5 years. Preference is for a share sale and the owner is open to some form of seller financing and a reasonable transition period.

Property information

Premises details:

The store front property of 1,700 square feet is leased for four more years.

Other information

Expansion potential:

Pros: Riding on the growing popularity of wine drinking combined with the economic times, consumer wine making is growing significantly in the city and local region. Being the first one in, this franchise has a huge jump on the other competitors who are newer to the area. Also having a strong franchisee with decades of experience and knowledge that supports each franchisor is also a big plus.
Cons: With this growing opportunity brings in competition but it allows the consumer a comparison that this franchise seems to compare well against.

Competition / Market:

Pros: There are several competitors in the city but this franchise was the first in the market and has built a strong base of loyal customers due to a quality product and strong customer service. Cons:There are two other competitor franchises in the city and a number of large retail food chains that sell wine making kits.

Support & training:

The learning curve to running the business is low and the owner is willing to stay on for a reasonable amount of time after the sale.

Reasons for selling:

Retirement.

Financing available:

Owner is open to looking at seller financing.

Furniture / Fixtures value:

$58,000 (included in the asking price)

Inventory / Stock value:

$40,500 (included in the asking price)