Established Destination Winery on Olympic Peninsula -- Owners Retiring

Asking Price$225,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$139,300
Included in asking price
FF&E$63,400
Included in asking price
47 Years of Making Fine Wines
Located in Historic Barn
Know for Our Summer Concerts
47 Years of Making Fine Wines
Located in Historic Barn
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Established Destination Winery on Olympic Peninsula -- Owners Retiring


Asking Price$225,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$139,300
Included in asking price
FF&E$63,400
Included in asking price
Business Description
Do You Have A Passion for Wine & Winemaking?
Olympic Cellars has been an iconic part of Washington's renowned wine culture since 1979. The windery is housed in an historic barn nestled in the foothills of the Olympic Mountains, attracting tourists from near and far.

Olympic Cellars creates and purveys premium wines to discerning locals, visitors and wine clubs. The owners have decided to retire and ar open to buyers who:
*Have experience in the wine industry, from purchasing grapes through production, bottling and sales;
*Want to expand their own wineries and/or add the OC wines as one of their brands;
*If currently a winemaker, wants more freedom and control over their craft;
*Have the energy and enthusiasm to build a team that will grow the business;
Have an affinity for hospitality, welcoming locals and tourists to the Olympic Peninsula;
Have access to equity and/or financing

Unique assets of Olympic Cellars include a highly visible and accessible location on Highway 101, an attractive venue that is perfect for events and gatherings, and the opportunity to be part of a warm, supportive community.

Olympic Cellars is a well-known destination winery with a loyal following and an enviable reputation. We would love to meet with you at our winery, give you a personal tour and discuss mutual opportunities.
About the Business
Years in Operation
47
Employees
2 Part-time
Additional seasonal employees for tourist high season (May-Sep)
Facilities & Assets
100 year old barn, 17.56 acres, on Highway 101 in Port Angeles, WA.
Barn, Covered patio, Courtyard, Bathrooms and Storage Shed in 14,040 SF.
Tasting room, containing vintage 1920's bar, seating, gift shop, and admin. office in 1260 SF.
Gathering Room with occupancy capacity of 21 in 540 SF.
Production area (ground floor and mezzanine level), 3 Offices, Lab, Kitchenette in 6300SF.
Total Fermenter Capacity of 5250 gallons (approx. 2000 cases).
PUD Water, Electric.
On-site septic system.
Ample parking and picnic area.
Winery has occupied barn since 1997.
Website
https://olympiccellars.com
Market Outlook / Competition
Seven Wineries in a radius of 1 hour East or .5 hours West (2)

Safeway, QFC, Grocery Outlet, and Costco offer mass-produced wines from elsewhere.


Oregon and California wineries - Bottles mostly around $100 (not $35)
Opportunities for Growth
Affordable price for entering or expanding existing winery
Cross Marketing
Prime Location near National Park on main highway
Scenic Destination for events
Vintage Tasting Room
Red Wine & Chocolate February
Festivals bring business
Crab Festival
Lavendar Festival
Irrigation Festival
Discovery Marathon
Mushroom Festival
Clallam Fair in August
4th of July Celebrations
Wooden Boat Festival
Unique fingerprint, chacter of wine
Gift Shop.
Outdoor & Outdoor Concert Venue
Wine Club
Develop Social Media presence
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
14,040
Rent
$3,079.00 per month
About the Sale
Seller Motivation
Owners Retiring
Transition Support
Owners can offer training for 60 days.
Financing Options
No Seller Financing
Listing Info
ID
2443206
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Business Listed by: Tom Martin

Listing ID: 2443206 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.