Winery in Houston for Sale

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$345,000 $274,000

Food & Beverage: Miscellaneous

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RE: Winery in Houston for Sale Broker: Michael Holloman
Owner Financing is Available!
$200,000 down/$145,000 for 24 mos. @ 6%.

Quick Facts

Asking Price: $345,000
Annual Revenue: $274,000
Net Profit: Not Disclosed
Cash Flow: $112,101
Total Debt: Not Disclosed
FF&E: $33,030
Real Estate: Not Disclosed
Year Established: 2011
Employees: 5
BBN Listing #: 29444955
Broker Reference #: 6206-14496

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Business Overview:

This winery has been in operation since 2011, supporting over 60+ events and festivals every year, in addition to wholesale and retail sales of four key wine products, plus select custom blends. They have also periodically operated a tasting room, providing wines and other drinks by the glass, giving customers a change to sample the various offerings. The focus has evolved over time and is now primarily tailored for wholesale production and support of events, festivals and similarly large-production activities.

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Property Features and Assets:

Per the seller, the winery currently operates from a 1,450 square feet production area, and has been also offering a 600 square feet tasting area. The lease is up for the current location, providing an opportunity for a buyer with an existing tasting room or winery to combine spaces, or find a geographic location most convenient for them. The recipes and related wine-making equipment are included with the sale, as is the furnishings and fixtures for a tasting room. There are also approximately 200 gallons of wine already produced and in inventory, as well as materials for bottling another 25 cases of wine. A detailed list of assets is available upon completion of the non-disclosure agreement. Total Assets: $70,430

Market Competition and Expansion:

The wine recipes are proprietary and allow for low-cost production of four popular wines, which are offered via a multitude of distribution channels and events. These distribution channels and event organizer relationships will be passed to the new owner. This business has ample room for growth via increased marketing and advertising, as well as participation at more street and wine festivals and similar events. The expansion to multiple tasting rooms is another route for growth, as well as licensing the brand and product to other individuals and tasting rooms that have expressed interest.

Reason for Selling:

Relocating out of state.

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.

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