Asking Price: $89,500
Gross: $130,000
Cash Flow: $30,000
Inventory: $25,000 (NOT included in the asking price.)
FF&E: $30,000 (Included in the asking price.)
Summary: This is a unique opportunity for the right individual to purchase a turnkey regional winery. Because of its unique location in a high-traffic tourist destination, sales are direct retail to the local high visitor traffic. In addition to the traditional red and white wines, this winery produces an exceptional line of fruit wines derived from the local cranberry and blueberry harvests. Currently the winery is open nine (9) months a year to focus on seasonal tourism but this could be expanded to year around sales. Further revenue could be derived by charging for the currently free wine tastings which average 1200 to 2000 per week during peak season and are customarily $5 to $8 in the industry. Recently initiated internet sales now account for 10% of revenue. The business currently holds both a Small Farmer Winery License and a State Liquor License. The current owner is committed to transferring his wine-making knowledge and will stay on for an extending training period as required.
Facility: This business is located in a highly-visible store front location with ample parking and has 2,200 SF divided into a welcoming tasting room/gift area and a customer viewable tank fermentation/bottling area. Rent is an affordable $2,660 per month and the business has been in this same location for most of its 17 years.
Furniture, Fixtures and Equipment: Price includes all Wine Fermentation Tanks, Pumps, Filters, etc. and Store Shelving and Displays.
Hours: Open Mon. thru Sat., 10:30 AM to 5:00 PM, Sun. 12:00 AM to 5 PM, and closed for 3 months during the winter.
Opportunities: There are currently no active marketing or promotional programs. An active owner/operator can take advantage of the excellent reputation and goodwill achieved by the current owner and grow this business through numerous avenues, including charging for formalized wine tastings, the addition of wholesale sales and expanded national internet sales.
Additional: The owner is retiring but will insure a new owner is fully trained in ongoing wine production and tasting room operations.
The Seller has provided this business information. The broker does not certify or warranty this information.
Call Bob Karlis, Business Broker, at 781.749.3087 or email to bkarlis@cabotbb.com for more information.