Details - Information last confirmed on December 28, 2020
Our firm is pleased to present the sale of the award-winning Forgotten Fire Winery located in Marinette, WI, just north of Green Bay on the shores of Lake Michigan. Named after the great Peshtigo Fire of 1871, this highly recognizable and memorable brand prides itself on great wine and fun marketing and experiences, including more than 30 wines, almost a dozen hard ciders, craft sodas and a variety of wine-related gift items. With onsite/online retail sales and distribution at more than 1000 locations and growing, this is a prime opportunity to own your own business in a thriving industry and take advantage of the 'buy local' trend. You may not remember the fire, but you WILL remember the wine.
-Turn-key winery for sale at a 10.67% cap rate, revenue up 26.65% through Q3 in 2020 vs 2019
-Key employees including head winemaker interested in staying on
-Currently offers over 30 wines, almost a dozen hard ciders, craft sodas and a variety of wine-related gift items
-1000+ distribution locations and capacity to produce 18,000 cases of wine annually, more than 50% of revenue from distribution vs retail
-Numerous wine awards, 4.9 stars on Facebook, 4.8 stars on Google and 4.5 stars on TripAdvisor and Yelp
-8,400 SF building including 1,500 SF of retail space, 360 SF office, 2,700 SF production space and 3,840 SF temp controlled storage
-Urban-style winery in a country setting, no vineyard to manage but potential to grow your own fruit on the additional acreage
-Est. 2 acres of land including building, parking lot and event space. Also available, but not included in the sale, is an est. 16.44 acres of development land adjacent to the property
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.