Winery & Vineyards - High Quality Wines

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Asking Price:
$2,990,000

Gross Revenue:
$1,280,000
Cash Flow:
$200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$675,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

This Pennsylvania winery is located in a designated AVA within easy distance of Philadelphia and New York. 36 acre property includes 30 acres of vineyard, two large ponds, tasting and event room, deck, production facility, and fantastic views. Nestled in and on rolling hills this is a great destination for exciting events or a relaxing glass of wine. The semi-retired owners have built a sustainable business with a great management team which is anticipated to be part of the wineries long term success. Wines produced range from popular sweet wines to estate bottled high quality dry wines.

Summary Investment Considerations:
? Approximately 30,000 gallons production.
? 30 acres of mature vineyard including Merlot, Chambourcin, Chardonnay, Cabernet Sauvingon, Pinot Noir, Sauvignon Blanc and Syrah.
? High quality wine has won numerous awards and medals both locally and internationally.
? Located in a designated AVA - American Viticultural Area.
? High quality wines produced in the European style, both dry and sweet wines.
? Winery has developed several distribution channels including on-site, grocery stores, PLCB and other outside venues.
? Total acreage of 36 acres. Very attractive property.
? Strong management/employee team. Owner willing to assist buyers for at least one year.
? Asking Price includes all real estate on 36 acres, equipment, license, business assets and substantial inventory.

About the Business

Location:
Pennsylvania
Year Established:
1900
Real Estate:
Owned
Facilities:
100 plus acres, winery tasting and production building, second warehouse and production building, large home(optional), ponds, views of surrounding mountains, historic structures with multiple possibilities.
Market Outlook/
Competition:
Located in an AVA with other quality wineries. Attracts customers from the immediate region and New York, New England and New Jersey. Known for quality wines.
Growth & Expansion:
Buildings and land allow for significant additional expansion up to 130,000 gallons, additional tasting rooms and additional vineyard acreage. Recent changes in Pennsylvania are allowing for growing distribution in grocery store chains.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Owner is semi-retired and will assist as needed. Key managers in place for daily operations.
Seller Financing:
Negotiable

Listing Info

ID:
1413064
Ad Detail Views:
4194

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Business Listed by

Thomas W. Kerchner

BMI Mergers & Acquisitions

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