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E Coast Winery/Vineyard

Western Pa, Pennsylvania (Bucks County)

Agriculture

Asking Price $10,000 000 Inventory $2,500,000* 
Gross Income $840,000 Real Estate $1,500,000* 
Cash Flow $117,000 Year Established 1974
FF&E $7,860,000* Employees 10

* included in the asking price

** not included in the asking price

World-class winery located on the banks of The Delaware River, is one of the few East Coast vineyards to produce Cabernet Sauvignon, Chardonnay, Pinot Noir and Riesling grapes in the same vineyard. The 56,000 planted vines are exclusively of European Stock and are chosen by master winemakers from the continent. All vines are selected from the Mosel Valley of Germany and the Burgundy and Bordeaux regions in France. The winery relies on both stainless steel and French Oak barrels used for aging. All vinification is done in the estate's 7000 sq ft wine celler which produced 12500 sold cases in 2003. The winery is located 1.5 hours from both New York City and Philadelphia. The vineyard expects to begin construction of a Chateau in 2004. Possible valuation of business: Land 725k+Vineyard 8.1mm+Wine Inventory 2mm+Plant&Equipment 3.8mm = 14.6mm

Facilities: Fully operational turnkey winery located on 72 acres adjoining the Delaware River in Western Pa. 56000 young European stock plants producing Johannisberg Riesling, Cabernet Sauvignon, Chardonnay, Pinot Noir and Riesling grapes in the same vineyard. The vines are cloned from European stock and were chosen by master continental winemakers. The area is one of the few in the world that produes Cabernet Sauvignon, Chardonnay, Pinot Noir and Reisling grapes can be grown in the same vineyard. 7000 sq ft wine cellar with stainless steel and french oak barr

Competition: The winery is one of the few in the Eastern U.S. that exclusively grows European vines.

Growth/Expansion: The winery is licensed to open 5 satellite stores.It could add a catering and bottled water business from pure bedrock water reserves on property. Construction of a French Chateau is set to begin in 2004 which can hold weddings, banquets and other events in this high-net worth county.

Financing: possible

Support/Training: Customary training and support will be provided by the sellers.

Reason Selling: Other business interests

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