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Midwest Winery With Great Sales, Very Profitable

Location  Minnesota,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1800000
Net Profit / Cash Flow  $500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1999
Number of Employees  6 - 9
Inventory  yes
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Yes.
Reason for Sale  Seller would like to Retire.

Description  
This wildly successful winery is a turn key business ready for the right person to take over. A family business that started as a hobby and now turned successfull needs the new owner to step on and take over. This opportunity has approximately 20 acres, includes the all vehicles, inventory, receivables cash and equipment. This sale also includes a leased building with wine tasting rooms, an event rooms and the manufacture and distrubution as well as the vinyard and gate house. The sale will be structured as a cash stock sale and the Seller will not carry a note on the sale. The company will be sold without any debt other than current payables and a couple vehicle notes. Assets are around $1 million and current year budget reflects around $1.8 million in sales and $200k net income ebitda. This winery is currently ahead of budget. The sell price of all stock and assets is $2.5 million. Facilities: The winery operations at the leased building include the tasting room, the event room and the wine manufacturing function, including wholesale distribution. . Also the vineyard operation includes the vines and trellis system, the gate house and approximately 20 acres of land facing the HWY. The farm house and barns will remain with the family. Growth/Expansion: Huge potential to market and grow this businesses nationally and more Reason Selling: Sellers would like to retire Industry: Wholesale, Retail, Real Estate, Wine Shop CALL American Business Finders 1-855-545-SOLD(7653)


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