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Title:
Iconic Santa Barbara Winery Business FOR SALE
Date Posted:
Friday, April 26th
Property Type:
Location:
Santa Barbara, CA
County:
Santa Barbara
Appellation:
Santa Rita AVA
Price:
5250000
Company:
Radius Group
Description:
Santa Barbara Winery is an iconic and storied brand. It is one of the oldest commercial wineries in Santa Barbara County, first established in 1962. The business is profitable and scalable. Over the last 3 years, the company has averaged +/-15,000 cases. Depending on grape production and purchases, the brand has sold as many as 40,000 cases in some years. Along with a desirable Funk Zone tasting room, the future owner will benefit from strong established wholesale partnership revenue and a robust loyal wine club.

There is also the potential for long-term grape contracts and custom crush opportunities. The business is currently run by a knowledgeable, loyal, long-term staff. Management is willing to stay on, or at least remain intact long enough to ensure a successful transition. Sale also includes rights to the historical and prominent “Santa Barbara Winery” name and trademark. Santa Barbara Winery is for sale as a “turn-key” operation with an asking price of $5,250,000 and includes a large inventory of bulk and cased wine, leasehold, trademark, and other associated business processes and assets.

Please note that real estate is not included in this sale, with the exception of the Santa Barbara Winery Funk Zone tasting room lease, which would be reassigned to the new owner. Additional assets including property, land use, and facility access may be available and negotiable with the purchase of the brand.
Contact Information
Radius Group
Robert Rauchhaus