Turn-Key Winery & Vineyard For Sale in Lanark, IL
Asking Price: $1,050,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $1,200,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Turn-key Winery and Vineyard on 55+ rolling, well maintained, Carroll County acres. Has 25 acres of various mature vines with potential for many more. Numerous fruit trees as well. Family run and operated business. Located right across from Lake Carroll. Business has a good history of tastings and retail sales. Beautiful gated main entrance leading to the 1633 sq ft tasting room, as well as seating and tables for 60 visitors. Road to the state of the art 4500 sq. ft. winery.
All equipment and plantings available on request. Although this started as a hobby, it has turned into a well known and visited destination that has the opportunity for full time service, sales and distribution for the new life style owners. There is great potential for expansion, whether that be restaurant, events or special occasion/ destination location. 24 hour notice to show qualified buyers.
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