DOWNEAST WINE IMPORTS · 2019-08-06 · SUCCESSFUL WINE RETAIL BUSINESS DownEast Wine Imports is a...
Transcript of DOWNEAST WINE IMPORTS · 2019-08-06 · SUCCESSFUL WINE RETAIL BUSINESS DownEast Wine Imports is a...
SUCCESSFUL WINE RETAIL BUSINESS
DownEast Wine Imports is a hugely successful
and popular year-round downtown business
2018 Gross Sales: $530,000
DOWNEAST WINE IMPORTS
13 WESTERN AVENUE
KENNEBUNK, ME
BUSINESS FOR SALE
CHERI BONAWITZ
CCIM, BROKER
207.210.6638 direct
207.240.6844 cell
KAREN RICH
BROKER
207.210.6637 direct
207.671.8808 cell
BUSINESS PRICE: $35,000* *Includes fixtures, goodwill, business assets, website
PLUS INVENTORY PRICE: $55,000** **Exact amount determined at closing
MALONE COMMERCIAL BROKERS
5 MOULTON ST | PORTLAND, ME 04101
207.772.2422 | MALONECB.COM
PROPERTY SUMMARY
DOWNEAST WINE IMPORTS | ABOUT
MALONE COMMERCIAL BROKERS | 5 MOULTON ST,
Local Wine Store. Worldwide Selection. Everyone is looking for value today, and that is just
a part of what DownEast Wine Imports (DWI) offers.
DWI focuses on finding enjoyable, approachable,
everyday wines at an affordable price range. These
are not wines found at grocery or super stores, but a
variety of wines sought out, tasted, and found to be
exceptional wines for a price that fits every budget.
SECONDARY TIER
DWI features a large selection of secondary tier
wines. These are wines to splurge on, and discover a new go-to wine for a favorite meal, weekend
evening, or just celebrating everyday life!
LIMITED PRODUCTION
Another focus at DWI is highly allocated, limited production appellations, estate wineries, family-
run operations, and hard-to-find wines of great distinction, from all over the world. DWI is proud to
offer these personal favorites. The wines add diversity and phenomenal quality to DWI’s hand-
picked portfolio for stunning wines for a special occasion can make any occasion special.
GIFTS
DWI carries wine gifts and trinkets for wine lovers, too! T-shirts, corkscrews, bottle stoppers,
aerators, decanters, glassware, and much more.
~Gordon www.downeastwine.com
PROPERTY SUMMARY
RESTAURANT BUSINESS & REAL ESTATE | PROPERTY INFORMATION
BUSINESS SALE DETAILS
OWNER: Applecheese, LLC dba DownEast Wine Imports
INCLUDED IN SALE: All fixtures and furniture (FF&E) Double door retail humidor Two back up humidors Two retail refrigerators (cheese and meat, wine) Shop/employee refrigerator Custom Vigilant wine racks Top-of-the-line shopping carts Security system Flat screen TV Retail shelving units Signage Awning Customizable website (www.downeastwine.com)
GROSS SALES: $530,000± 2018
SALE PRICE: $120,000 NOW $35,000
INVENTORY: $55,000± - final amount determined at closing
DEMISED PREMISES: 1,100± SF first floor street retail with handicapped access and covered porch
RESTROOM: One
SIGNAGE: On building and street pylon
VISIBILITY: Great Lower Village visibility, across the bridge from Dock Square and Kennebunkport
PARKING: - Dedicated lot at rear of the building for the shops at 13 Western Avenue, one of the very few dedicated parking lots in the Dock Square/Lower Village area
- Space beside the building to pull in for loading wine cases
- Street parking
LEASE RATE: $3,400/month Modified Gross plus utilities
LEASE TERM: Five-year lease commences May 1, 2019
LEASED SPACE DETAILS
This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Bro-
kers makes no guarantees, representations or warranties of any kind, expressed or implied, regarding, but not limited to, warranties of
content, accuracy, and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Malone
Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and ex-
cludes all liability for loss and damages there from. All data is subject to change of price, error, omissions, other conditions or withdrawal
without notice. Malone Commercial Brokers is acting as the Seller’s/Lessor’s agent in the marketing of this property. 8.1.19
DOWNEAST WINE IMPORTS
13 WESTERN AVENUE
KENNEBUNK, ME
CHERI BONAWITZ
CCIM, BROKER
207.210.6638 direct
207.240.6844 cell
KAREN RICH
BROKER
207.210.6637 direct
207.671.8808 cell
MALONE COMMERCIAL BROKERS
5 MOULTON ST | PORTLAND, ME 04101
207.772.2422 | MALONECB.COM
BUSINESS FOR SALE