Sale of Winery & Entertainment Destination

Asking Price: $8 million for the business including villas, houses, buildings, and 12.3 acres of land

Gross Revenue $1,737,000 Established 2015
EBITDA $234,000 Location North Texas
FF&E $275,000 Real Estate 12 Acres with Buildings, Villas, and two Houses
Inventory $120,000 Building SF N/A
Rent Employees 11

This exciting winery and entertainment destination in North Texas is presented for sale by Valhalla Business Brokers. Its finely-tuned and turnkey operation has resulted in strong earnings growth in 2021. It offers fine wine, wood-fired pizzas, artisan charcuterie boards, and live music all in a friendly, welcoming atmosphere. The winery hosts over 10,000 people a year; about half of those are repeat customers. It has a strong and growing social medial presence with approximately 16,000 followers on Facebook and Instagram combined.

Nestled in the trees with plenty of outdoor seating it is the only venue in the area with live music and authentic, stone-oven, wood-fired pizzas served with fine wine all with a Tuscany, Italy feel. With both indoor and outdoor seating, The winery is ideal for wine-tasting events, gatherings with friends and family, and corporate and social events like weddings, bridal showers, rehearsal dinners, special birthday celebrations, anniversary dinners, etc.

It has a loyal, tenured, experienced employee team. And unlike other North Texas businesses, it has not suffered any staffing shortage. The winery team treats all guests like family. It has a reputation for great service. In addition, it is the only winery in the area and one of the few in North Texas with overnight accommodations. It has six one-bedroom villas and two houses, one accommodates 10 people, and one converted garage accommodates six people. All are available for short-term rental. Also, there are also eight RV parking spots with hookups available for rent. Situated on 12.5 acres, The winery has plenty of room for expansion.

Facilities: The business consists of 12 acres with 10 physical structures in total all owned. The 10 structures include the main building tasting room, one building with four villas, one building with two villas, a chapel, a wine barn (for storage), a pavilion for hosting larger parties, the house in the back, a small barn, a wine lab, and the front house. All 10 buildings and acreage are owned. The property includes a water well. The buildings and land are listed with a Commercial Realtor. However, it is the intent of the owner to sell the property with the business.

Competition: The Winery wines have won awards from the Texas Wine and Grape Growers Association. Most other wineries in the area do not have overnight accommodations.

Growth & Expansion: Add an indoor wedding venue. There is enough land for building the venue and for the required parking. Focus more on social media and the wine club (with no advertising, the wine club currently has approximately 75 members). Many wineries get a substantial portion of their revenue from their wine club. Expand the tasting room. During extremely busy nights, the line of customers in the tasting room waiting to be served can be very long.

Financing: Some seller financing is available. Owner finance is available for any buyer with $3 million cash at closing.

FF&E: $275,000

Support and training: Seller will provide all necessary training and assistance for 30 days. Additional time is negotiable.

Reason for sale: Moving on to another venture

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