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Rare chance to own Turnkey Spirits distillery in West Palm Beach

Palm Beach County, FL
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Asking Price:$949,000
Gross Revenue:$368,000
FF&E:$50,000
Cash Flow:$125,000
Inventory:$28,000
Established Year:2014
Listing ID: 2223382Listing provided by BizBuySell
BUSINESS DESCRIPTION

Once in a lifetime opportunity to own a Turnkey Spirits Distillery

Presenting a unique chance to acquire a fully operational distillery in the bustling heart of Palm Beach County. This exceptional establishment currently crafts and sells its own artisanal liquor products. Beyond its inviting ambiance for socializing, this distillery boasts a stunning venue suitable for a myriad of events, from intimate gatherings to grand celebrations. Seize this rare opportunity to own a distinguished distillery. The buildout costs were well over the current asking price. This business will not last long.

DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Not Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility is equipped with state-of-the-art distillation equipment and overseen by a team of skilled artisans, we ensure that every batch of spirits we produce meets the highest standards of quality and taste. Our distillery is more than just a place of production; it's a reflection of our dedication to craftsmanship and creativity. The facility is designed to optimize the distillation process, allowing us to create spirits that are not only delicious but also unique and full of character.
Competition
The market for a distillery producing spiced rum, black rum, white rum, and vodkas, while also offering event hosting services, is diverse and includes both consumers and businesses. Competition in this market would come from other distilleries producing similar spirits, as well as event venues and restaurants/bars offering event hosting services. To stand out, the distillery would need to differentiate itself through product quality, variety, branding, and the unique experience it offers through its events.
Growth & Expansion
There are several growth opportunities for a distillery producing spiced rum, black rum, white rum, and vodka while also offering event hosting services. Firstly, expanding distribution channels to reach wider a wider audience can significantly increase sales. Secondly, introducing new product variants or limited-edition releases can attract new customers and generate excitement among existing ones. Additionally, leveraging the event hosting capabilities to offer unique experienced such as distillery tours, tastings, and themed events.
Support & Training
Will train for no cost for 10 business days following closing.
Reason for Selling
Other business Opportunities
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Joshua
D. Sagman
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Joshua D. Sagman
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