Ready-To-Drink Spirited Beverage Business For Sale

Minnesota
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Asking Price:$50,000
Inventory:$1,000
Gross Revenue:$150
Established Year:2019
BUSINESS DESCRIPTION

For sale is a turn-key ready to drink (RTD) mixed spirit beverage brand. This brand generally has higher ABV content then competitors, which is also combined with superior taste, lower calories, and less sugar generally speaking, giving it a unique and long-term value proposition in the RTD market. The current owner promotes the product to wholesalers, retailers, and consumers, while the manufacturing and distribution has been set up with 3rd party vendors. This is a perfect opportunity for a buyer that manufactures RTD beverages already, has a complimentary line of business (winery, brewery, distillery), or has a complimentary distribution network ready for a fresh product to introduce.
All work needed to establish the business and brand has been completed. The main ways to grow this business include adding places where the product is sold and developing marketing campaigns to build awareness around the product. The current owner works the business less than 1 hour per week, and there are no other employees in the business. The contracts with manufacturers and wholesale distributors will be transferred to the new owner at closing.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Facilities
No facilities are required to run this business.
Competition
Ready-To-Drink (RTD) mixed spirits producers have significantly expanded their product lines over the past five years and have heavily emphasized their marketing toward young consumers. Innovative marketing practices and new flavor profiles have skyrocketed RTD mixed spirits sales in recent years, but seasonal demand and rising wage costs have stifled profit margins. Industry-wide revenue has been growing at an average annualized 8.4% over the past five years and is expected to total $7.8 billion in 2024, when revenue will jump by an estimated 0.3%.
Growth & Expansion
The sky is the limit for this brand. With 2 great flavors, low calories, no sugar, and high alcohol content, this brand is ready to capitalize on the growing ready-to-drink market. Putting together and executing a well thought out marketing strategy, with or without large dollars invested, could lead to increased sales. In addition, seeking out relationships with alternative manufacturers and distributors could lower costs, increase sales, and drive future profitability.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Other interests.
Home-Based
This business is Home-Based
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Jacob
Petersen
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Jacob Petersen