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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 [email protected] KAREN RICH BROKER 207.210.6637 direct 207.671.8808 cell [email protected] 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

DOWNEAST WINE IMPORTS · 2019-08-06 · SUCCESSFUL WINE RETAIL BUSINESS DownEast Wine Imports is a hugely successful and popular year-round downtown business 207.240.6844 cell 2018

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Page 1: DOWNEAST WINE IMPORTS · 2019-08-06 · SUCCESSFUL WINE RETAIL BUSINESS DownEast Wine Imports is a hugely successful and popular year-round downtown business 207.240.6844 cell 2018

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

[email protected]

KAREN RICH

BROKER

207.210.6637 direct

207.671.8808 cell

[email protected]

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

Page 2: DOWNEAST WINE IMPORTS · 2019-08-06 · SUCCESSFUL WINE RETAIL BUSINESS DownEast Wine Imports is a hugely successful and popular year-round downtown business 207.240.6844 cell 2018

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

Page 3: DOWNEAST WINE IMPORTS · 2019-08-06 · SUCCESSFUL WINE RETAIL BUSINESS DownEast Wine Imports is a hugely successful and popular year-round downtown business 207.240.6844 cell 2018

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

Page 4: DOWNEAST WINE IMPORTS · 2019-08-06 · SUCCESSFUL WINE RETAIL BUSINESS DownEast Wine Imports is a hugely successful and popular year-round downtown business 207.240.6844 cell 2018

DOWNEAST WINE IMPORTS

13 WESTERN AVENUE

KENNEBUNK, ME

CHERI BONAWITZ

CCIM, BROKER

207.210.6638 direct

207.240.6844 cell

[email protected]

KAREN RICH

BROKER

207.210.6637 direct

207.671.8808 cell

[email protected]

MALONE COMMERCIAL BROKERS

5 MOULTON ST | PORTLAND, ME 04101

207.772.2422 | MALONECB.COM

BUSINESS FOR SALE