12.92% Cap Rate I Tasting Room I Popular Turn-key Winery Operation
Asking Price: | $3,995,000 |
FANTASTIC Wine Business Opportunity. Popular Turn-key Winery Operation in Santa Cruz. Cap Rate 12.92%. Top ranked winery in San Francisco South Bay (Yelp 2022). Premium Wines, 90-98 points, Double Gold and gold medals (or better). Premium location tasting room leased in West-side Santa Cruz. The next owner can either add to their existing wine brand portfolio (add this onto your business and scale it more later), or this is perfect for someone breaking into the industry and wanting a turn-key operation with up to 3 existing wine brands (one is purely Napa-centric), a large wine club and an established location. There is a large following for the wines under these labels. An NDA is required to learn more about the brands and the strong financials. Over 1,500 members and growing! Contact us today for the NDA to receive the CIM. Seller Financing is available with half down and will be dependent on the deal structure.
Investment Highlights:
Compelling and steady number of active Wine Club Members (more than 1500 members and growing)
A real estate asset-light business model (with no owned or leased vineyards of its own) that emphasizes the quality of the wines and of the Customer relationships. This enables the Company to source the best fruit on the market each year, rather than to risk the output of a limited number of specific vineyards.
Strong Management & Effective Culture. The Company has a fun and effective culture which is loved by Employees and contributes strongly to the highly positive Customer experience.
Company philosophy is of a laid back and welcoming hospitality with commitment to matching the oenophilic excellence that the wines are known for.
This unique hospitality blend is consistently reflected in both the Customers’ tasting room
experience as well as the bottled wines
Attracts Guests from Locals to Regional Day Trippers from across the Bay Area to Vacationers to Tourists from around the world. Santa Cruz is a hot destination!
Multiple award-winning wines / Distinct wine brand labels
Additional bulk wine vintages aging in barrels.
90-98 points, Double Gold and gold medals (or better)
Top ranked winery in San Francisco South Bay (Yelp 2022)
Premium location tasting room in West-side Santa Cruz
Production facility and wine making staff
Turn-Key Operation
**Note: Asking price includes 1 wine brand label and 1 year worth of inventory. (2 additional labels and more inventory available at a separate price). Approx cased inventory retail value is around $16M currently.
Contact Listing agents for the Confidential Information Memorandum