Spirits Distributor & Distillery - June 2016

Karen Small

Location: Texas
Industry: Spirits Distributor & Distillery
Revenue: $22 Million per year
Line of Credit: $2,500,000 Revolving Line of Credit
Collateral: All Asset Borrowing Base, $600,000 Accounts Receivable, $800,000 Inventory, $800,000 Machinery & Equipment

The American Dream
The company was seeking a joint venture between a distillery in Texas and a local distributor with alcohol and wine sales in seven (7) states. The company was working on an acquisition of another distributor that had access to twenty-eight (28) States. The new joint venture and acquisition would drive sales from $5 million and $8 million independently to more than $22 million in the first year and a conservative estimate of $42 million in 2017.

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