Established Winery in Destination Tourist Area

Not Disclosed, IA

Tourist Area


Asking Price: Annual Revenue:
$2,100,000 $914,080

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Established Winery in Destination Tourist Area Broker: Dennis Henderson

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $914,080
Net Profit: Not Disclosed
Cash Flow: $413,870
Total Debt: Not Disclosed
FF&E: $58,168
Real Estate: $286,350
Year Established: 2000
Employees: 19
BBN Listing #: 945135915
Broker Reference #: 2933

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Business Overview:

This established winery is located in a busy tourist destination in Iowa that sees people from all over the country passing through the area enjoying the many attractions, and establishments that cater to them. The winery has produced award-winning wines for 15 years from the grapes grown in their own nearby vineyard as well as from other growers in the area. 55% of their business is retail sales at the winery or through shipping direct to customers in 38 states. 45% of their business is wholesale which is self distributed through their own delivery drivers to over 150 retail locations in Iowa and Wisconsin. The business is known for their quality wines, friendly service and fun atmosphere.

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Property Features and Assets:

The winery is a little over 15,000 square feet which includes winery production area, retail space, tasting room, bar area, an event room, an office, and the outdoor wine garden.

Market Competition and Expansion:

While the winery is already growing, a new owner could choose to expand even further by increasing wine distribution either through adding more delivery drivers or by using an existing distribution company. Production of wine could also be increased if more space was added to the facility for a bottling room. Other growth opportunities for the business include expanding hours of operation and renting out their space for outside events.

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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