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News4U December 2022

Page 26

NEWS4U DECEMBER 2022 | BUSINESS SPOTLIGHT

THE WINE VAULT Under new ownership, popular destination for adult beverages continuing tradition of great selection and service

A

bout seven or eight years ago,

lovers who appreciate great selection

Holly Edmond and her husband

and service. "We thought it might be a

Scott decided it would make

really cool venture and decided it was

good financial sense to start investing in

a decent investment," Holly explains.

property. After all, the couple routinely dealt

"It's kind of been a rollercoaster, a lot of

with money in their day jobs - particularly

learning, but it's been really fun." The

Scott, who, after two decades in commercial

Edmonds took the business over on

lending made the transition to commercial

October 1 - and quickly discovered just

brokerage, a field that is very cyclical by

how lucky they were to inherit such a

nature. Which meant that the Edmonds

loyal, knowledgeable staff with years of

needed a fall-back of sorts, a just-in-case plan

experience. "The employees here are

B. "So to smooth out the ebbs and flows we

phenomenal - they all stayed on and I love

started investing in property - hoping that

them all," Holly gushes. "They've truly helped

it's passive income," Holly notes. "We like

to guide me along."

two storage facilities, a trailer park, several

And the help has been greatly appreciated,

apartment complexes." And now they can

because even with an accounting degree

add an adult beverage business to that

and an MBA, Holly has found that learning

impressive list.

to run a business is "very intense" - not to mention she had to get up to speed on

Cut to August of this year and the Edmonds

all things wine-related. "I'm learning that

had yet to purchase any property, nor

there's millions of different kinds of grapes,

was there much on the horizon. But

not just green and red - and if you grow

unexpectedly, two possibilities suddenly

one in a region versus another it's going

materialized - one of them being the Wine

to taste totally different," she says. "The

Vault, a popular destination for area wine

science behind it all is very interesting." Now two months into the

THE EMPLOYEES HERE ARE

gig, Holly is loving the

PHENOMENAL - THEY ALL STAYED

Wine Vault and is ready

ON AND I LOVE THEM ALL. 24 | DECEMBER 2022

• www.evansvillemediagroup.com

HOLLY EDMOND to put the store more front and center. To that end, she's eager to promote several popular offers for the holidays and beyond,

to buy one to two things a year; we have

"

WINE VAULT OWNERS SCOTT &

process of running the to kick up the marketing

including gift baskets which can be made for any occasion or price point, with any mixand-match of food, accessories, wine or beer (the store also carries a great selection of local/regional craft brews). In addition, WV's popular wine club is expanding this month to include a double white option. And starting in January, monthly wine dinners will return. To find out more about all these exciting developments, be sure to come in and chat with the Wine Vault's expert staff and do a little Christmas shopping while you're there! For more info, visit thewinevaultevansville. com or follow The Wine Vault on Facebook.


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News4U December 2022 by News 4U Magazine - Issuu