Business Overview

Property Highlights
153 acres ,11 acre vineyard with 7 varieties of grapes Cabernet, Tempernillo, Syrah, Sangiovese, Moverde, Roussanne, Alvarino Vineyard is state of the art with soil drought monitors at 1′ and 3′, Advanced computer system that turns on the irrigation when the drought monitors recognize dry soil Lazer system to deter bird from getting on the vines Vineyard is high fenced 2400 sqft Tasting Room/Operations facility 3000 sqft Temperature controlled Barrel Room/Storage 3200 sqft Equipment Barn/office/apartment 4800 sqft Outdoor event facility 4 Wells on the property 30 additional acres available for vineyard production turnkey vineyard with all equipment for vineyard production Vineyard will produce approx. 50 tons by 2022 Featured in Texas Monthly as a top 50 new wines in the Fall of 2018 Product is featured wine in Eddie V’s Seafood Restaurant Located just outside of Lampasas and a easy drive from Dallas, Austin and Waco this Hill country gem is perfectly situated on an escarpment that has views of the Texas hill country that will leave you breathless. The property melts away all stress and has the makings of a get away that any wine lover will cherish.

Property Improvements

The property starts out at just over 1360′ above sea level and tops out with an area that is just over 1460′ above sea level. The native soils are perfect for growing grapes. The 5 total wells strategically place across 203 acres gives this property the ability to grow with additional vineyards or even cabins site. The vineyards were started in 2016 and are up to full growing capacity and will produce approx. 50 tons of grapes in 2022. There is an additional 30 acres cleared and ready to produce additional grapes in the same soil profile as the current vineyard. There is on home on the 150 acres for sale and is a 1200 sqft ranch home that is 2 stories and is 2 bed/ 1 bath. There are 2 springs on the property and 1 Pond/tank. Business The tasting room over looks the production facility and give an ambiance like no other. The profitable business produced approx. 1500 cases in 2019 and is expected to produce 3000 cases in 2021 and expanding to 6000 cases for 2022. The current wine club is just shy of 100, however is growing at 20% per year this will quickly produce more income for the business.

Land/Improvements could be sold without business. $3,500,000

*additional 50 acres +/- and House are available not sure on price yet.
They are getting appraisal.

Call Toby Vicknair for additional details or for a showing. 830-358-8828

Financial

  • Asking Price: $4,750,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2016

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Retiring

Additional Info

The venture was started in 2016, making the business 6 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell businesses. Nonetheless, the true factor and the one they say to you might be 2 absolutely different things. For instance, they may say "I have too many various obligations" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might just be reasons to try to hide the reality of altering demographics, increased competitors, current reduction in incomes, or a variety of other reasons. This is why it is very crucial that you not depend completely on a seller's word, yet instead, use the seller's response in conjunction with your general due diligence. This will paint a much more practical image of the business's current scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses take out loans with the purpose of covering things like stock, payroll, accounts payable, and so on. Bear in mind that in some cases this can indicate that earnings margins are too small. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that should be met or might cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location draw in brand-new consumers? Most times, operating businesses have repeat clients, which form the core of their day-to-day revenues. Certain aspects such as brand-new competitors sprouting up around the location, roadway building and construction, and also employee turn over can affect repeat customers and negatively impact future incomes. One crucial thing to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Clearly, the more people that see the business regularly, the higher the possibility to develop a returning customer base. A last thought is the basic area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? Exactly how might the neighborhood median home income effect future revenue prospects?