Winery in Houston for Sale

Harris County, TX

Seller Financing Available
Winery in Houston for Sale
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Asking Price: $345,000

Cash Flow: $112,101

Gross Revenue: $274,000

EBITDA: N/A

FF&E: $33,030

Inventory: $37,400

Established: 2011

Winery in Houston for Sale

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Business Description

This winery has been in operation since 2011, supporting over 60+ events and festivals every year, in addition to wholesale and retail sales of four key wine products, plus select custom blends. They have also periodically operated a tasting room, providing wines and other drinks by the glass, giving customers a change to sample the various offerings. The focus has evolved over time and is now primarily tailored for wholesale production and support of events, festivals and similarly large-production activities.

Detailed Information

Inventory:
Included in asking price
Employees:
1 FT/4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Per the seller, the winery currently operates from a 1,450 sf production area, and has been also offering a 600 sf tasting area. The lease is up for the current location, providing an opportunity for a buyer with an existing tasting room or winery to combine spaces, or find a geographic location most convenient for them.
Competition:
The wine recipes are proprietary and allow for low-cost production of four popular wines, which are offered via a multitude of distribution channels and events. These distribution channels and event organizer relationships will be passed to the new owner.
Growth & Expansion:
This business has ample room for growth via increased marketing and advertising, as well as participation at more street and wine festivals and similar events. The expansion to multiple tasting rooms is another route for growth, as well as licensing the brand and product to other individuals and tasting rooms that have expressed interest.
Financing:
$200k down/$145k for 24 mos. @ 6%.
Support & Training:
Will train for 2 weeks @ $0 cost. Four primary wine products are produced and offered with COLA wine label approvals. The brand is trademarked and a new buyer would need the necessary federal permits, tax ID number, etc., as well as a TX Distributor license and TX First Class Wine Manufacturer license (currently all held by the business).
Reason for Selling:
The seller is relocating out of state.
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Mike Holloman

Business Listed By:
Mike Holloman

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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