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Distillery, Spirits Manufacturer, & Retail Pub

Palisade, CO
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Asking Price:$2,470,000
Gross Revenue:$2,761,614
FF&E:$1,354,392
Established Year:2004
Cash Flow:$352,319
Inventory:$562,828
Real Estate:$1,750,000
Listing ID: 2296570Listing provided by BizBuySell
BUSINESS DESCRIPTION

Peach Street Distillery – Business, Inventory, and Real Estate Included in Sale. Fully equipped Manufacturer of custom Spirits, including various types of Bourbons, Whiskeys, Gins, Vodkas, and D’Agaves. Sales are derived from a variation of 1.) Wholesale - bottled sales with product placement in various liquor stores across Colorado and adjacent states, 2.) Retail food & liquor sales in their local taproom, 3.) Local & online sales of bottled spirits and merchandise, and 4.) Tours, Events, etc. All business assets included ($1.3+MM in cost basis), as well as existing inventory included (estimated at over $550k cost / $1MM wholesale / $2MM+ retail). Existing business has strong historical performance and is ready for a new owner/operator to bring new life and ideas/concepts. Substantial value in the exiting real estate improvements, land, & equipment - and many different options and possibilities with the existing business assets and operations.

DETAILED INFORMATION
Location
Palisade, CO
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
10,628
Employees
33
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Real Estate located in prime downtown Palisade .63 Acre corner lot, composed of 4 separate buildings: 2,690 SF retail distillery & bar, 5,100 SF warehouse for manufacturing, 1460 SF historical home/office, and 1,250 SF warehouse for inventory storage and seating. Multiple furnished and landscaped outdoor patio areas and a fully outfitted food-truck included.
Competition
Throughout the nearly 30 years in existence, Peach Street has been able to maneuver through all different economic cycles while maintaining strong sales and a favored community reputation. A large contributor to that is their ability to offer a multitude of different services/products which has created multiple revenue streams. Along with the selection of award-winning liquors help separate the brand among competition.
Growth & Expansion
- Large opportunity for growth to scale the wholesale department into new and larger markets (liquor stores, retailers, distilleries/breweries/restaurants). The quality of product and branding is in place, just needs new energy to expand. - Wholesale of barreled spirits to outside retailers, distilleries, taprooms, etc - Expansion of Food and Dining at existing location - Increased online sales through marketing and online ads - More focus on hosting of events to utilize facilities to generate revenue - Changes in operations to increase net margins
Support & Training
Existing owner will stay on for a suitable amount of time to train and onboard Buyer.
Reason for Selling
Retirement
BUSINESS LOCATION
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Kyle
Serrano
Venture Group
Phone Number
Kyle Serrano
Call Phone