MergerPlace

Winery in Houston for Sale

Texas (Harris)


  • Asking Price: $345,000
  • Gross Income: $274,000
  • Cash Flow: $112,101
  • Real Estate: Not Disclosed
  • Inventory: $37,400
  • FF&E: $33,030
  • Listing ID: #210300
  • Established: 2001
  • Employees: 1 FT / 4 PT

Business Description

This winery has been in operation since 2011, supporting over 60+ events and festivals every year, in addition to wholesale and retail sales of four key wine products, plus select custom blends. They have also periodically operated a tasting room, providing wines and other drinks by the glass, giving customers a change to sample the various offerings. The focus has evolved over time and is now primarily tailored for wholesale production and support of events, festivals and similarly large-production activities.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Texas
County: Harris

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT / 4 PT

Financial Information

Asking Price: $345,000
Gross Revenue: $274,000
Cash Flow: $112,101
FF&E: $33,030
Inventory: $37,400
Seller Financing Available: Yes

Property Information

Facilities:

Per the seller, the winery currently operates from a 1,450 sf production area, and has been also offering a 600 sf tasting area. The lease is up for the current location, providing an opportunity for a buyer with an existing tasting room or winery to combine spaces, or find a geographic location most convenient for them.

Growth & expansion opportunities:

This business has ample room for growth via increased marketing and advertising, as well as participation at more street and wine festivals and similar events. The expansion to multiple tasting rooms is another route for growth, as well as licensing the brand and product to other individuals and tasting rooms that have expressed interest.

Competition:

The wine recipes are proprietary and allow for low-cost production of four popular wines, which are offered via a multitude of distribution channels and events. These distribution channels and event organizer relationships will be passed to the new owner.

Reason for selling:

The seller is relocating out of state and looking to turn this business over to a new owner with a love of wine and entertaining people.

Support & Training:

Will train for 2 weeks @ $0 cost. Four primary wine products are produced and offered with COLA wine label approvals. The brand is trademarked and a new buyer would need the necessary federal permits, tax ID number, etc., as well as a TX Distributor license and TX First Class Wine Manufacturer license (currently all held by the business).

Contact Business Seller

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Business Listed By:

Michael Holloman

Murphy Business Brokers