UNDER LOI – This established winery is the ideal business for that aspiring entrepreneur looking to enter into the craft adult beverage industry after a solid foundation has been laid. There are many opportunities for growth and to expand into additional revenue streams. The tasting room and outside seating creating an inviting environment depending on the season to sample one of the 16 varieties of wine currently produced.
There is nothing needed to add to hit the ground running. An owner or couple with a passion for wine, skills in marketing and expanding the customer experience will be able to capture new sales and make their dream into a profitable venture. The majority of sales are done through the tasting room and wine is also offered in local grocery stores, restaurants, seasonal farmers markets and a small online presence.
Wine making, tasting room and distribution
(Plus Inventory with real estate available for purchase or lease)
varies – $80,000
2 FT / 5 PT / 2 IC
Winery building has ample parking and is 4400 square feet that is used for production and sales in the tasting room. A 1200 SF temperature-controlled warehouse built in 2015 on premises. Lot size is 1.6 acres and located on a very busy road 5 miles from metropolitan area and strategically located near major freeways.
The winery and tasting room are available for purchase, additionally, the vineyard that produces a vast majority of the grapes used by the winery is also available for purchase to the right buyer, or a supplier contract can be established.
There is plenty of opportunity to expanding by adding to the customer experience with food offerings, food trucks or simple snacks to pair with tastings. Room to expand and offer more on-site events to draw traffic in or expand distribution at additional farmers markets. Additionally, there is a large untapped opportunity with subscriptions and wine club business.
Southwest MI has several competitors in the winery and craft beverage space, however there are some barriers to entry that would limit new competition. Competition is actually a good thing in this industry as regions become known as a destination for wine tastings, as Southwest MI has, this attracts and consumers and tours from all over, blended with regular local clientele there is a steady flow and opportunity to grow.
Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners.
Seller wants to retire and does not have family members who are interested in working in the business.
E. Brad Scoffin – Main Street Market Maker a division of Advanced Business Advisors, LLC
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