Award - Winning Winery

www.GlobalBX.com

Listing ID: 700372062

Listing Title: Award - Winning Winery

Quick Link: http://www.globalbx.com/listing.asp?bId=372062

Industry: Food and Beverage

Industry Segment: Other Food and Beverage

Country: United States

State / Province:

Area

City:

Asking Price Range: $10.0M - $20.0M

Gross Revenues: $8,400,000

Cash Flow: $2,300,000

Cash Flow Type: EBITDA

Year Established: 2006

Number of Employees: 20 - 34

Business Description:
Award-Winning Winery with Instagram-Worthy Setting at Top-Ten U.S. Wine Destination Overview - Sprawling winery producing and selling 28 types of wine through: - Wine club subscriptions - On-site tastings - Shipping to 24 states - Ample outdoor space - Excellent weather year-round - Fully-fledged online store to capitalize on growth in e-commerce wine market Future Story BHAG: Double EBITDA in 3-5 years - Increasing advertising to boost sales on all channels - Hiring marketing firm to increase brand visibility in hospitality establishments and retailers - U.S. wine market projected to grow at 2.4% CAGR in 2021-2026 to reach $22.7 billion Sustainability - Located at wine travel destination within 90-minute drive of 20 million residents, many in affluent communities - 80% recurring revenue from over 5,000 wine club members - U.S. wine market is largest in the world and growing annually Defensibility - Excellent reputation for high-quality Italian, French and Spanish wines - Vertical integration allows the company to control costs and quality - High capex requirement deters competitors



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