32.0 acre vineyard with 14.0 acres planted in Petite Sirah, 12.0 acres in Syrah, and approximately 10 other varietals on 6.0 acres. The estate comes with home built in 2004, a tasting room and other rural amenities favorite to this region. Wine production is outsourced, which makes for a nice clean business.
Seller's Discretionary Earnings over a 4-year average are 36.91%.
Wholesale bulk wine makes up 54.92% of sales with named buyers being: Deutsch Family Wine and Spirits, Savannah Chenelle Vineyards, Fetzer Vineyards, Cooper’s Hawk Production, LLC, Barra of Mendocino, Latitude Beverage Company, Luna Vineyards and Cecchetti Wine Company.
Retail tasting room produces 45.08% of sales which are direct-to-consumer (DTC), wine club (Internet) and others. There are approximately 468 wine club members. Average retail price per bottle is $28.33.
Property comes with bonded winery and tasting room license, USDA organic certification, CCOF organic certification and permission to get a distiller's license.
Total acreage is 52.0 acres with 32.0 acres in vineyard, an additional 5.0 acres are available to be planted in vines, with a 18,500 sq. ft. winery pad wired with utilities stubbed-in.
Water is not a problem with a growing season rainfall averaging 10.82 inches, 22.0 miner’s inches per year deeded water rights and a well that produces 80.0 gallons per minute. Average temperature at this location is 69.5 degrees in the Spring and Fall with an average growing season temperature high at approximately 79.9 degrees.
Option to purchase adjoining 10.0 acres to the north is available.
Business can be managed by an absentee owner.
Call for NDA and Financial Profile (916/715-3633)
James C. McPike, Broker