Winery In Tennessee Mountains For Sale
Location Tennessee,United States
Asking Price Range $500K - $1.0M
Gross Revenues $138000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2003
Number of Employees 1 - 3
Inventory 745000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training To be provided.
Reason for Sale Other business interests.
Description Turn-key Winery for sale located right off Interstate-75 in the Tennessee Mountain range. This well established boutique specializes in Mead, or Honey-Wine. It could be used to produce other wines/cider/beers. Founded in 2003, this picturesque building is located on a 5 acre lot that overlooks a breathtaking view of the mountain range from the back patio. Business features 6 stainless steel fermenters totaling 2,500 gallons with equivalent storage tank. Business serves local community members as well as a high volume of tourist traffic as it sits just miles from the Norris Dam State Park. Wholesale contracts are in place for East Tennessee and all of North Carolina. The property + FF&E were appraised in 2007 for $585K. The inventory value is $160K. Owners are willing to give this up for $580,000 with $480K down. For more information on this business, please email or call Josh at (888) 760-4964 ext.702.
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