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Midwest Premium Craft Spirits Distillery

Seller Financing Available

listing image
Cash Flow:$1,100,000
Inventory:$4,500,000
FF&E:$1,100,000
Established Year:2015
Gross Revenue:$4,900,000
EBITDA:$1,100,000
Real Estate:$1,340,000
Listing ID: 2128130Listing provided by BizBuySell
BUSINESS DESCRIPTION

This whiskey-centric distillery is a leading premium craft spirits maker, event space, and destination in a tourist-rich region of the Midwest, drawing over 100,000 visitors annually. Its unique setting and ability to host events provide visitors with an authentic, informative, and enjoyable experience, which is at the heart of its retail and wholesale success. The brand enjoys widespread recognition in its home state, and its diversified product portfolio focuses on whiskeys, followed by gin, rum, vodka, specialty liqueurs and ready to drink cocktails. The distillery has earned a reputation as an innovator and market leader, receiving multiple industry awards for its spirits. It reached profitability soon after it was established and continues to? heavily invest in infrastructure to support its growth and success.? The owners in th?is closely?-?held? business are willing to help new owners through a reasonable transition period.

DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
35
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Company has operated from the same location for its entire history. It leases land and buildings from a separate company with the same ownership as the distillery. The end destination retail and production facilities are located on 7 acres adjacent to farm fields, woodlands and a historic renovated barn. The barn is is leased to the Company.
Competition
Authentic end destination – The Company’s 100,000 annual visitors enjoy craft cocktails, food options, distillery tours, retail offerings, and tasting experiences, making the distillery a key tourism destination in the region. Market penetration – The brand enjoys widespread statewide recognition in its home state and out-of-state distribution is established and growing in several other states. Proven success – Bucking the trend in the craft distillery sector of a slow ascent to profitability, the Company has been profitable since 2018.
Growth & Expansion
Upward trend – The distillery’s compound annual wholesale growth rate has exceeded 35% since 2018. Sales growth – The Company has a solid growth strategy in place to continue to increase revenue. The Company sold 7,100 9L cases in 2021, 8,600 9L cases in 2022, 11,000 9L cases in 2023, and is projecting sales of 12,700 9L cases in 2024. Sales connections – The dedicated sales team has succeeded in expanding the distillery’s products to multiple markets with specialty spirits retailers and distributors, large retail chains, and on-premise offerings.
Support & Training
The owners are willing to stay on for a reasonable period of time to assist with the transition
Reason for Selling
The owners would like to retire
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Tyson Vandervelde
NuVescor Group
Phone Number
Tyson Vandervelde
Call Phone