| Yakima Valley Winery |
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| Property Highlights | |||||||||
| Property is: | For Sale | ||||||||
| Property Size: | 2.5 Acres | ||||||||
| Planted: | Please Inquire | ||||||||
| Property Description | |||||||||
| This business is a 1st generation Yakima Valley winery with a thirty-two year history of quality winemaking. Established in 1977 on 4.8 acres, the business is home to a modern production facility featuring sixteen stainless steel tanks with a capacity of approximately 60,000 gallons (25,000+ cases), a bottling line in a dedicated room, a computerized crusher and filtration system, and all the other equipment necessary to facilitate wine production on a competitive, efficient basis for a boutique winery with an emphasis on quality. The current owner & founder of the winery is considered a pioneer in the Washington wine industry. The winery was the first to produce a Washington Port, Merlot, and Lemberger. The estate vineyard (2.5 Acres) is home to Washington’s first Petit Verdot grapes. Cabernet, Shiraz, Merlot, Malbec, Petit Verdot, and two varieties of Port are currently featured in the tasting room of this award wining winery. Quality, long term relationships with growers in the region insure preservation of product quality in the future. This winery is an underperforming asset at this time and offers a buyer the rare opportunity to purchase a quality production facility with an excellent brand without having to pay for “blue sky”. The business and real estate are being offered as an asset sale for a sale price of $1,400,000. The sale price includes $400,000 of inventory and excludes cash, cash equivalents, & accounts receivable. Inventory is an estimate as of May 2009. The final inventory value will include wine in process in tanks & barrels, supplies (bottles, barrels, labels, etc.), and bottled wine. Inventory could include grapes on the vine depending on the date of transfer of ownership. |
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| Price: | |||||||||
| $1,400,000 | |||||||||
| Property Location: | |||||||||
| Address | |||||||||
| City | |||||||||
| County | Benton | ||||||||
| State/Prov. | Washington | ||||||||
| Postal Code | 99350 | ||||||||
| Country | United States | ||||||||
| Contact Information: | |||||||||
| Gregory Kovsky & Jeff Bryan | |||||||||
| 425-454-3052 | |||||||||
| ibainc.com | |||||||||
| View ALL current listings of this user | |||||||||
| Listing Info | |||||||||
| ID | #238 | ||||||||
| Posted By | IBA's Winery Transaction Team | ||||||||
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