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Our firm has been retained to sell a profitable 3,000 case Woodinville winery. The winery has a fully equipped production facility and tasting room in Woodinville, WA. The winery was established in 2000 and has earned a solid reputation for producing award winning premium wines, primarily red blends and varietals.
The business is priced at $1.2M. For the owner, it has been a successful and rewarding venture but also very time consuming- he now wishes to sell in order to enjoy other pursuits in life.
The ideal buyer is someone who knows wine, is a quick leaner to understand the wine making process and will preserve the legacy and reputation of the winery. The buyer should have marketing skills and business acumen necessary to grow the business. The owner is open to being available in a consulting role for at least one full year harvest/crush and production cycle.
This boutique winery has maintained high standards with a focus on producing high quality wines sourced primarily from the same grower-vineyard since inception. The winery is known for a limited selection of wines including three to four varietals and three to four red wine blends. The blend names are well recognized and requested by consumers. The owner has operated the winery in an opportunistic manner, producing additional non-varietal custom wines for the public, restaurants, and grocery stores when quality juice is available. This strategy has proven to be additive to profitability.
The owner has built a strong bond with wine club members and the wine tasting public. It has operated primarily with a direct-to-consumer model (DtC) which tends to keep the average bottle price high. The loyal customer base is evident in a large wine club membership. There are numerous events throughout the year to maintain a personal connection to customers. The new owner will see cash flow and customer engagement benefits from scheduled wine club releases for 11/2020, 02/2021 and 05/2021. The wine is bottled and ready for release, and each release brings in $100K+ of revenue.
Revenues and earnings have grown over the past two years. There is opportunity for growth for a new owner. It has been run as a lean operation.
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