Business Description
This outstanding winery has already proven itself a winner amongst the 100 wineries emerging in North Carolina. They produce 13 unique award winning wines using some of the industries newest technology for production, aging and storage. Low overhead and quick turns of their inventory allowed them to make a profit after their first 2 years in business. Sales are up and growing in their 5th year of business.
Detailed Information
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Facilities:
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Main Street winery and tasting room located in an urban community with quick access from major interstates. This 6700 sq.ft. modern space enjoys an attractive $1,716 renewable monthly lease. It is surrounded by many upscale businesses on the main street of this urban city.
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Competition:
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While only in business for 4 years they are making a good profit unlike many wineries in the early stage of investment and market exposure. They, like their counterparts in the industry, rely on sales from their tasting room and the 15 or so festivals they attend each year. They have a very loyal customer base and ship wine to several states in the region.
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Growth/Expansion:
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They have been averaging a 10 % annual growth and are poised to expand distribution to restaurants and wine shops.
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Financing:
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As may be required by lender
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Support/Training:
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The owners will train, full time for 60 days and help, as needed, through the festival seasons.
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Reason Selling:
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Health issues with out of state family
Ad#: 684479
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