Winery, Tasting Room, Airbnb & Residence
| Asking Price: | $850,000 |
| Inventory: | $110,000 |
| FF&E: | $65,000 |
| Established Year: | 2009 |
| Gross Revenue: | $193,330 |
| EBITDA: | $31,491 |
| Real Estate: | $700,004 |
Opportunity to Live the Life in NW Michigan...while Working Lifestyle
This is the perfect opportunity for someone looking to get started in the wine business. A knowledgeable staff, many revenue channels with growth and a great brand!
When most people think of a winery their first thoughts take them to France or Italy, and in the United States you go directly to California. Most are not aware Michigan is number six in the country for wine production. In fact, as the popularity of wine grows so does the wine industry in Michigan. This brings us to this Northwest Michigan winery, featuring 3.6-acres of estate grown wines, an established brand, tasting room, wine club, staff and 4-acres of existing vineyard infrastructure waiting to be planted.
Michigan’s growing popularity as a wine destination has come about through its unique climate moderated by Lake Michigan, a rolling landscape to promote airflow and relatively organically rich soils that can support the demands of a limited growing season. This is a special place to grow wine grapes with delicate aromatics that gain complexity over time, good acid, and a taste texture that distinguishes itself from other local wines.
The winery is well positioned to capture the many tourists traveling in this area. It is centrally located in the region for visitors to enjoy a variety of activities including a day at the beach, watersports and, of course, the tasting opportunities.
The winery has an established wine club, which guarantees revenue at fixed times throughout the year. Wholesale and distribution channels have been established. A seasonal guest apartment by the tasting room provides additional revenue through Airbnb. Guests often stay for a weekend or a week at a time to enjoy the quiet peaceful setting of a classic winery. The views are stunning, and guests are just a short distance from neighboring wineries and the incredible Grand Traverse Bay area.
In addition, there is a primary residence on the property for owner use or which could be used for additional rental income.
