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Dec 20, 2019 — Rare opportunity to acquire 40% partnership into an established yet growing Tequila company.
This award-winning brand tequila was launched in 2017 but already sells in ten largest tequila consumption States in such leading national retail chains as Total Wine & More, ABC Fine Wine & Spirits, Publix, Walmart and Liquor Barn and in a robust network of independent on-premise and off-premise accounts. In the last 12 months of operations, the business has achieved 100%+ growth in sales and 46.3%+ increase in points of distribution, with our U.S. management team and the distillery working hard to repeat or topple the commercial success of our predecessor.
Positioned in the fastest growing price segment of a $3 Billion tequila industry ($20-$35): according to the Distilled Spirits Council, this price category realized a 18.2% increase in sales volume in 2018.
The brand achieved 100% + increase in sales in 2019, with further 200% to 245% sales volume gain projected for 2020.
Currently, they are in 10 largest tequila consumption States with 12 more in process to be added in 2020, an excellent distribution footprint that will accelerate sales and result in enhanced brand recognition.
Achieved more than 2,600 points of distribution in 2019 across the current distribution footprint, a 46.3% year-over-year increase.
Approved for major expansions within Walmart chain in West US and at Spec’s in Texas, which will add extra 1,650 points of distribution beginning 2020.
They have maintain an average gross profit margin of 55%, which exceeds the benchmark average 43.84% margin for an imported beverage alcohol.