Owner Financing is Available
Business for Sale Overview:
DRASTIC REDUCTION IN PRICE !!!
Event Planning in a Winery Venue in Orange County
Price Reduced. Event Bookings Up. Retail Bottle Sales Continue to Improve.
Licensed as a winery, The Company specializes in corporate events, private parties and custom labeled wine. This 4 year old successful event planning business, in a Tuscan winery setting, is an excellent expansion business for caterers wanting private venues, event planners, wine groups or wine enthusiasts. Revenues come from venue events, custom bottling, and catering (hire licensed caterers).
It is freeway close, located within a few miles of the area’s luxury hotels and in the midst of a major corporate sphere.
It is an upscale, fully private venue for all corporate, philanthropy, and party events for up to 100 people with a minimum of 20. What sets it apart is the opportunity for people to actually purchase a small lot of wine, have it cellared, and then bottle, cork and custom label the wine to take home.
They have a part-time event planning staff who works with the host to manage all the details from catering, live music, and wine label design.
They take the risk out of the winemaking operation by buying the juice from whoever had a good year, fermenting, racking, filtering, bottling and custom labeling it. They have a 11,500 bottle inventory, 65% could be ready to drink, with an inventory value of $241,500. Inventory available at an additional cost of $25,000, not included in the business price.
The winery, is federally bonded and trademarked. It is located in a 6000 SF facility with 40% designed for wine and private events with the balance the winery 2 aging rooms, catering facilities, storage and offices. They spent over $200,000 on tenant improvements, built to health dept standards.
Owned by partners who operate it, what is required to run it is a bartender (additional can be hired thru caterers), sales and marketing , a receptionist preferably with photo shop experience for label design, and 1 person in winemaking (could be the owner with part-time help to assist in racking, filtering and bottling).
Owners took their passion for wine to develop this unique business, nurtured it, grew it, but now each has other ventures they want to pursue. The concept, like fine wine takes time to mature.
Possible expansion areas include:
1) Wine clubs
2) Wine tasting parties, wine blending events
3) Event dinners, like Valentines Day.
4) Off-site events
5) Expanding business hours as a wine bar.
6) Retail/Internet operation featuring everything related to wine.
7) Increase wine production, or establish bottle and cellar relationships with other wineries to increase sales.
8) Sell their own brands or private label and distribute thru wine distributors to liquor stores and restaurants. Current wine inventory supplies their own venues.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Tuscan winery setting, 6,000 Sq. Ft. facility with 40% designed for wine and private events with the balance the winery, 2 aging rooms, catering facilities, storage and offices. They spent over $200,000 on TI's, built to health dept. standards.
Financing: Owners may carry note for well qualified buyer with substantial down payment
Support/Training: Seller will stay on and provide training for a period of time and terms to be discussed prior to offer.
Market Competition and Expansion:
Competition: Unique niche. Owner said there are not other venues with Wineries around. Owner says it is more price effective than holding venues at restaurants. This is a private venue in a Tuscan setting. Attendees can design their own wine label and bottle their preferred wine. Custom labeled bottles of wine can also be sent as gifts.
Growth and Expansion: The concept, like fine wine takes time to mature. Possible areas of expansion include: 1. Wine clubs, 2. Wine tasting parties and wine blending events, 3. off-site events, 4. Expanding business hours as a wine bar, 5. Retail-Internet operation featuring everything related to wine, 6. Establish bottle and cellar relationships with other wineries, 7. Private label and distribute thru wine distributors to liquor stores and restaurants.
Reason for Selling:
other ventures.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.