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Drastic Reduction - Winery

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Location

  • CityNot Disclosed
  • State California
  • CountryUnited States

Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Principals Only?
  • Willing To Co-Broker?

DRASTIC REDUCTION IN PRICE!!!

Event Planning in a Winery Venue. Event Bookings Up. Retail Bottle Sales Continue to Improve.

Licensed as a winery, the company specializes in corporate events, private parties and custom labeled wine. This 4 year old successful event planning business, in a Tuscan winery setting, is an excellent expansion business for caterers wanting private venues, event planners, wine groups or wine enthusiasts. Revenues come from venue events, custom bottling, and catering (hire licensed caterers).

It is an upscale, fully private venue for all corporate, philanthropy, and party events for up to 100 people with a minimum of 20. What sets it apart is the opportunity for people to actually purchase a small lot of wine, have it cellared, and then bottle, cork and custom label the wine to take home.

They have a part-time event planning staff who works with the host to manage all the details from catering, live music, and wine label design.

They take the risk out of the wine making operation by buying the juice from whoever had a good year, fermenting, racking, filtering, bottling and custom labeling it. They have a 11,500 bottle inventory, 65% could be ready to drink, with an inventory value of $241,500. Inventory available at an additional cost of $25,000, not included in the business price.

The winery, is federally bonded and trademarked. It is located in a 6000 SF facility with 40% designed for wine and private events with the balance the winery 2 aging rooms, catering facilities, storage and offices. They spent over $200,000 on tenant improvements, built to health dept standards.

Owned by partners who operate it, what is required to run it is a bartender (additional can be hired thru caterers), sales and marketing , a receptionist preferably with photo shop experience for label design, and 1 person in wine making (could be the owner with part-time help to assist in racking, filtering and bottling).

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