MergerPlace

Award Winning Vineyard and Winery

Minnesota


  • Asking Price: $1,590,000
  • Gross Income: $321,010
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #208962
  • Established: 1998
  • Employees: 3 FT / 10 PT

Business Description

This award winning vineyard and winery was established 20 years ago due to the current owners passion for growing and producing some of the countries best wines and ciders. The winery is known for its extraordinary wines having earned many national and international medals including a Double Gold best in class as well as overall best RoseĀ“ at the Indy International competition sponsored by Purdue University. The wines have also received several gold medals and the prestigious Governor's Cup Award. The operation also includes an onsite licensed nursery which sells cold hardy quality grape plants developed by the local university. The vineyard hosts weddings and grooms dinners as well as other special events each season on this breathtaking property.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Minnesota

Company Information

Year Established: 1998
Home Based: Yes
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 10 PT

Financial Information

Asking Price: $1,590,000
Gross Revenue: $321,010
FF&E: $150,000
Seller Financing Available: No

Property Information

Facilities:

This vineyard and winery is located on 34.5 acres of pristine wooded property. The 5600 square foot winery is operated in a state of the art facility that has the capacity to expand as production increases. There is also an updated 4700 square foot home included with this property.

Growth & expansion opportunities:

The new owner can expand the current winery by building a new production facility. Remodel existing winery production area into year round bistro. Establish contracts with wholesale distributors which will grow the revenue of this operation immediately. This beautiful vineyard also has acreage to develop condominiums overlooking the vineyard, as well as residential lots on the bluffs surrounding the property.

Competition:

There is no competition for this business in the area.

Reason for selling:

Owners wish to retire.

Support & Training:

Will train 2 weeks @ no cost The vineyard and winery produce a wide variety of award winning wines and ciders. The new owner of this business will need all applicable federal and state licenses as well as knowledge to produce wine and associated products.

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Business Listed By:

Scott Krook

Murphy Business Brokers