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Winery In Houston For Sale

Harris County, Texas
Asking Price:
$345,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$274,000 (USD)
Cash Flow:
$112,101 (USD)

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.

Property information

Real Estate:

Lease

Premises Details:

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.

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

The seller is relocating out of state and looking to turn this business over to a new owner with a love of wine and entertaining people.

Trading hours:

Thurs-Fri 5pm-10pm; Sat 12pm-10pm

Employees:
1 FT / 4 PT
Years established:
7

Other Information

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).

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$200,000 down/$145,000 for 24 mos. @ 6%.

Furniture / Fixtures value:
$33,030 (USD) - included in the asking price
Inventory / Stock value:
$37,400 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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