Fingerlakes of New York Vineyard, Winery, and Tasting Room
| Gross Revenue: | $477,562 |
| EBITDA: | $13,000 |
| Established Year: | 1990 |
| Inventory: | $1,200,000 |
| FF&E: | $259,000 |
ACQUISITION HIGHLIGHTS:
• Produces top wines in the Fingerlakes region; recognized
internationally for fine wines, including Rieslings and Cabernet Franc
• Offers unique estate vineyards known for producing great wines
• Sustainable growing methods are used throughout production
• Vineyards have room for expansion to provide larger harvests
• Owner wishes to retire but can stay involved during transition
BUSINESS DESCRIPTION:
This business is a Fingerlakes vineyard, wine production, and tasting room that has crafted internationally celebrated wines that rival any produced in the world, and has the awards to prove it. The terroir combines mineral-rich, well-drained soil, steeply sloped vineyards, moderate temperatures, and adequate water. The winery currently produces approximately 2500 cases of wine on over 40 acres, with the capacity to increase production to 6000+ cases by filling in existing vines, fully utilizing vineyard acreage, and, with modest investment, maximizing the wine production facility. Production can also be increased by purchasing grapes from other suppliers.
The company currently maintains an inventory of approximately $1.2m, book value. These wines are a combination of current and recently produced wine and some investment-grade vintages.
The vineyard was an early adopter of sustainable production methods throughout the property. Continued attention to traditional methods of farming is reflected in the high quality of the product.
The property includes a tasting room and separate production and storage facilities. An adjoining property with a home is available to the buyer, if desired.
A wine tasting is recommended to really appreciate this opportunity.
