Winery, Vineyards, Residence, Farm, Multi-Channel Distribution

Allentown, PA (Lehigh County)

Winery, Vineyards, Residence, Farm, Multi-Channel Distribution
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Asking Price: N/A

Cash Flow: $300,000

Gross Revenue: $1,660,000

EBITDA: N/A

FF&E: $1,390,000

Inventory: $650,000*

Real Estate: N/A

Established: 1900

*not included in asking price.

Winery, Vineyards, Residence, Farm, Multi-Channel Distribution

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Business Description

Successful winery with multiple distribution channels, expandable production within current facilities, mature vineyards, ponds, large tasting & entertainment center and homes. Eastern Pennsylvania location provides easy access to markets in New Jersey, New York and Philadelphia.
• Approximately 30,000 gallons production. Expandable to 130,000 gallons in existing production/warehouse building.
• Large acreage of mature vineyard. Additional acres available for planting.
• High quality wine has won numerous awards and medals both locally and internationally.
• Located in a designated AVA – American Viticultural Area.
• High quality wines
• Winery has developed several distribution channels including on-site, grocery stores, PLCB and other outside venues.
• A number of options are possible for acquisition and expansion including living on-site
• Total acreage available in three parcels is over 100 acres. Very attractive properties.
• Strong employee team. Owner willing to stay on and assist buyers for at least one year.
• Asking price flexible depending on assets-real estate purchased. Range from $3.4 million to approximately $6 million

Detailed Information

Location:
Allentown, PA
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
100 plus acres, winery tasting and production building, second warehouse and production building, large home(optional), ponds, views of surrounding mountains, historic structures with multiple possibilities.
Competition:
Located in an AVA with other quality wineries. Attracts customers from the immediate region and New York, New England and New Jersey. Known for quality wines.
Growth & Expansion:
Buildings and land allow for significant additional expansion up to 130,000 gallons, additional tasting rooms and additional vineyard acreage. Recent changes in Pennsylvania are allowing for growing distribution in grocery store chains.
Support & Training:
Owner is semi-retired and will assist as needed. Key managers in place for daily operations.
Reason for Selling:
Retirement.
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Thomas W. Kerchner

Business Listed By:
Thomas Kerchner

BMI Mergers & Acquisitions

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