Type: RETAIL BUSINESSES
Contact: Josh Stagner
Company: Biz Sellers, Inc
Asking Price: USD $ 498,000
Featured: Yes

For sale is a turn-key Winery 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 contact Josh at (888) 760-4964 ext.702 or email jstagner@thebizsellers.com.

State: Tennessee
Reference: 561-JS
Relocatable:

• No

Home Based:

• No

Gross Sales: $138,000
Net Income: ($35,000)
Assets: $585,000
Inventory: $160,000
Financing: Yes, with $225K down
Facilities: 5,120 on 5 acres
Training: To be provided
Reason for Selling: Other business interests
Competition: None
Expansion: Wholesale and retail
Years: 5
Employees: 3