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Rare Winery For Sale - Voted 8th Best Winery in the US

Kailua, HI
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Asking Price:$1,099,999
Inventory:$150,000
EBITDA:$300,000
Gross Revenue:$600,000
Rent:$2/SF/Month
Established Year:2008
Listing ID: 2053889Listing provided by BizBuySell
BUSINESS DESCRIPTION

JARBLY LLC presents a winery in Kailua, HI that has a true passion for wine and winemaking, and create their own wonderful custom personalized wine.

Very rare for a winery to come available for sale.

Highly rated wine company - ranked as a top winery on many third party sites like Tripadvisor.

8th best Winery in the US by TestingTable.com

Named after the Greek wine goddess, OENO Winemaking is Oahu’s only Winery on the island. Using an Italian technique, Oeno wines are naturally produced with little to no sulfite preservatives and shorter aging. The result is an intensely fresh and vibrant wine that finishes clean and silky smooth.

150+ wines in the collection.
Approx. $150k in Inventory Stored on Premises.

Annual Revenue: Approx. $600k
Annual Profit: Approx. $300k

Oeno is proud to announce that we were rated the 8th best winery in the U.S. by TastingTable.com. We first opened our doors for business in September of 2008 in Kailua, HI. We have a true passion for wine and wanted to share that passion with as many people as we could. Our goal is to share and spread our enthusiasm for wine with novices to experts and help facilitate and create an area where people can experience all the facets of wine and winemaking and create their own wonderful custom personalized wine. Please stop by for a tasting or just to talk about wine. We learn something new every day and hope all our visitors can pick up a lot or a little knowledge every time they pass through our doors. Winemaking is a truly historic process and a joy to experience, so no matter what your experience level, come on by and share our enthusiasm for wine with us.

On-Site Sales
On-Line Sales
Tasting
Curb-Side Pickup Available
Available at ABC Stores in Hawaii, Guam. Las Vegas, & Saipan

Partnership with Celebrity Cruise Lines

15 Minutes from University of Hawaii

DETAILED INFORMATION
Location
Kailua, HI
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,800
Employees
3
Facilities
Approx. $150,000 in Inventory On Premises. Each barrel yields 28-31 bottles. The discrepancies in bottles per barrel is due to the amount of sediment in the wine, which will naturally displace the liquid.
Competition
Source: LOS ANGELES , Oct. 21, 2022 (GLOBE NEWSWIRE) -- The Global Wine Market Size accounted for USD 489.3 Billion in 2021 and is estimated to achieve a market size of USD 825.5 Billion by 2030 growing at a CAGR of 6.1% from 2022 to 2030. Source: IBIS World Statistics The market size, measured by revenue, of the Wineries industry is $23.9bn in 2022. The market size of the Wineries industry is expected to increase 7.8% in 2022. The market size of the Wineries industry in the US has grown 0.2% per year on average between 2017 and 2022.
Growth & Expansion
We have only broken into a small part of the retail “off premise,” sector of the state of Hawaii. ABC Stores, Foodland, Safeway, Times, H mart, Don Quixote supermarkets, Sam’s Club, Costco wholesale markets. Airlines, cruise ships. Hawaii is very big on supporting local and the opportunity for growth of the ONLY WINERY on Oahu is open ended. Opportunity to work with hotels, excursions, cruise ships, University of Hawaii.
Support & Training
The owner/s and the management team are very easy to get along with. The current team wants to implement its model enclosed herein.
Reason for Selling
Owner would like to retire.
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Jaret
Grossman
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Jaret Grossman
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