Listing ID: 82492

Business Overview

Priced at Asset Value! Located in an American Viticultural Area (AVA) of Washington’s Southern Columbia Valley, incredible opportunity to purchase 184 Acres of vineyards in prime location. Vineyards include rare water rights. Seller will sell land, winery, wine inventory and equipment in total or separately. The winery has a 12,000 square ft. facility for its personnel and customers as well as all the necessary equipment. Wine inventory includes range of high-quality varietals. The asking price includes vineyards, inventory, equipment and a leased tasting room. Total for land is $6,000,000. Supplies, which include wine making supplies, corks, bottles, is $70,000. Wine inventory is priced at $3,900,000. Winery, machinery and equipment including 12,000 sf building, and truck loading facilities priced at $1,900,000.

Financial

  • Asking Price: $11,870,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $1,900,000
  • Inventory: $3,900,000
  • Inventory Included: Yes
  • Established: 1983

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:12,000
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Real Estate is included within the Asking Price! Supplies of $70,000 come featured in the Sale!

Is Support & Training Included:

The owner will be available for a standard transitioning team.

Purpose For Selling:

Approaching retirement and/or pursuing other interests.

Additional Info

The venture was founded in 1983, making the business 39 years old.
The sale shall include inventory valued at $3,900,000, which is included in the suggested price.

The business has 4 nonunion employees and is located in a building with disclosed square footage of 12,000 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell companies. However, the genuine reason and the one they say to you may be 2 totally different things. For instance, they might state "I have a lot of other commitments" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might just be excuses to try to conceal the reality of altering demographics, increased competition, recent decrease in earnings, or a range of other factors. This is why it is very crucial that you not count totally on a seller's word, however rather, use the vendor's solution along with your general due diligence. This will repaint a more reasonable image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous operating businesses finance loans in order to cover items like inventory, payroll, accounts payable, and so on. Remember that occasionally this can imply that revenue margins are too thin. Numerous organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that must be met or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location attract brand-new customers? Most times, companies have repeat consumers, which create the core of their day-to-day profits. Specific elements such as brand-new competition sprouting up around the location, roadway construction, and staff turnover can influence repeat consumers as well as adversely influence future revenues. One vital thing to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business on a regular basis, the greater the chance to construct a returning customer base. A final thought is the general area demographics. Is the business situated in a densely populated city, or is it located on the edge of town? Exactly how might the regional median house income influence future revenue potential?