Wine Store in York, Maine (Business is under offer)
| Asking Price: | $260,000 |
| Gross Revenue: | $525,000 |
| Rent: | $1,833/Month |
| FF&E: | $20,000 |
| Cash Flow: | $55,000 |
| Inventory: | $127,000 |
| EBITDA: | $55,000 |
| Established Year: | 2006 |
Gifts, Antiques, Art & Specialty Food Products
THE CLOWN is a retail store based in York, Maine, selling wine, art, antiques, gifts and specialty food products. Wine represents approximately 85% of total sales.
The store, named THE CLOWN, after a little bistro in Paris, has been operating in several locations over the last 26 years in Maine. There have been stores in Stonington, Blue Hill, Belfast, Portland and York. Thus, it is an established 'brand'. And recognized by many who have been customers over the years. The York store is the only location currently in operation. Others were sold or closed based upon simplifying the organizational structure geographically.
The York location has been in operation for 16 years and continues to robustly increase its sales and customer base.
The store carries wines from around the world with significant collections from the US, Italy and France and an impressive array of sparkling wines. Other countries include, Australia, New Zealand, South Africa, Argentina, Chile, Uruguay, Lebanon, Spain, Portugal, Greece, Austria, Germany and Croatia. Recently added are a variety of vermouths, fortified wines, dealcoholized wines along with mixers. Labels represented in the store approximate 400 and currently we offer an extensive special order service to our customers for wines not available on our shelves.
Food products: There is a special emphasis on imported products from Italy – pastas, sauces and spreads from Livorno and balsamic vinegars from Moderna. These are complemented by local shortbreads, chocolates, caramels and various other specialty food products.
Gifts: Gifts include books, puzzles, artist cards, French textiles, olive wood items, Italian ceramics, Indian baskets, candles, soaps, drink glassware, wine accessories, and more.
We have a large and very loyal year-round base of customers allowing the store to be viable during the winter season. Sales are boosted in the summer months by the summer residents. Social media has added a healthy boost to our sales by attracting tourists visiting in the summer and fall months. For perspective, November and December are our strongest months followed by July and August.
The store is visually appealing due to the eclectic array of products. THE CLOWN prides itself in offering the customer a unique shopping experience, while not overlooking the basic principle of attentive and knowledgeable service. Our customers are loyal and appreciative. They are our largest investment in and our best advertising.
BUSINESS LOCATION
