Entrepreneurs & Investors - Own A Legacy Vineyard
Business For Sale North Island
Business Category Alcohol Liquor Shop
$7,750,000
Description
Entrepreneurs & Investors - Own A Legacy Vineyard
The story begins in Croatia, when a renowned winemaking family planted their first grapevines and started to create a name for themselves. Their success & reputation followed them to this day.
With nearly a century of winemaking tradition, this Auckland based vineyard / winery has established a legacy of excellence in producing high-quality wines that resonate with both connoisseurs & casual enthusiasts alike. This legacy is a testament to the vineyard's enduring dedication to craftsmanship & quality.
The winery, which is complete with a very busy licensed café, was purchased by our Vendor in 2017, with the plan to focus on growing both local sales & exporting this well-known brand's wines into the Asian region and beyond. With very limited sales experience in this industry & no supporting sales staff employed in the business, this strategy has not been successful over the recent years resulting in financial challenges over the last 5 years & resultant operational losses some years.
While the recent losses present challenges, they also present an opportunity for strategic revitalisation & growth. With the right investment, management & a sound strategic plan, the vineyard can regain profitability & continue to be a recognised competitor in the wine industry landscape.
New Asking Price:
Total: $7.75m (+ GST if any)
Land & Buildings: $5m (Valuation says $5.9m)
Stock: $1.5m
Plant & Equipment: $1m
Intangibles: $250k
Note: Our instructions are to present ALL offers!
This is a unique one-off opportunity which will be sort after. If you like what you are reading & would like to obtain further information, visit the Barker Business website, search #3642 & submit the online Confidentiality Agreement. Once Mike receives your expression of interest, following qualification criteria in place for this business, he will be in touch to arrange an initial meeting to discuss the business.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2024.
Property Code: 3642
With nearly a century of winemaking tradition, this Auckland based vineyard / winery has established a legacy of excellence in producing high-quality wines that resonate with both connoisseurs & casual enthusiasts alike. This legacy is a testament to the vineyard's enduring dedication to craftsmanship & quality.
The winery, which is complete with a very busy licensed café, was purchased by our Vendor in 2017, with the plan to focus on growing both local sales & exporting this well-known brand's wines into the Asian region and beyond. With very limited sales experience in this industry & no supporting sales staff employed in the business, this strategy has not been successful over the recent years resulting in financial challenges over the last 5 years & resultant operational losses some years.
While the recent losses present challenges, they also present an opportunity for strategic revitalisation & growth. With the right investment, management & a sound strategic plan, the vineyard can regain profitability & continue to be a recognised competitor in the wine industry landscape.
New Asking Price:
Total: $7.75m (+ GST if any)
Land & Buildings: $5m (Valuation says $5.9m)
Stock: $1.5m
Plant & Equipment: $1m
Intangibles: $250k
Note: Our instructions are to present ALL offers!
This is a unique one-off opportunity which will be sort after. If you like what you are reading & would like to obtain further information, visit the Barker Business website, search #3642 & submit the online Confidentiality Agreement. Once Mike receives your expression of interest, following qualification criteria in place for this business, he will be in touch to arrange an initial meeting to discuss the business.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2024.
Property Code: 3642
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