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- RE: Long Running Durham County Wine Shop
- Contact: Abba Gaspar
Quick Facts
Asking Price: | $330,000 | |
Annual Revenue: | $750,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $104,665 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2008 | |
Employees: | 1 | |
BBN Listing #: | 990319 | |
Broker Reference #: | 16969007-NI |
Business Overview:
This beloved wine and beverage shop has been a community favorite for over 17 years. Located in a busy shopping plaza and surrounded by neighborhoods full of families, professionals, and retirees, it’s known for personalized service and a curated selection of wines.
Often called the area’s “everyday sommelier,” the shop offers a warm, welcoming vibe with knowledgeable help and consistent selection. Most customers live within three miles and return often for quality wines, mixers, and more—typically spending $80–$110 per visit.
Business Highlights:
Strong Community Presence – Voted “Best Wine Store” multiple times
Solid Financials – Over $790K in revenue with 33% gross margins
Lean Operations – Owner-led with part-time support
Debt-Free – Pays vendors on delivery
Simple Licensing – Easy compliance, low-cost annual permits
Trusted Vendors – Stable relationships with top wine distributors
No paid marketing is currently used. Growth opportunities include social media, events, and wine tastings—once a popular draw. A weekly email reaches 900+ local subscribers.
The location boasts high foot traffic and easy access. Clean financials, clear systems, and loyal customers make this a turnkey opportunity for wine lovers or first-time buyers alike.
This is a rare chance to take over a respected retail business with loyal customers and strong local roots.
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Property Features and Assets:
Strip center in a high traffic location. The area is economically diverse, comprising first-time homebuyers, established professionals, and retirees.
Market Competition and Expansion:
Potential initiatives include introducing online ordering and shipping, updating the point-of-sale system, reintroducing tasting events, and launching by-the-glass service subject to regulatory approval. The opportunities provide meaningful upside while building on an already stable foundation.
Reason for Selling:
Family CommitmentsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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