Multi-Location Winery, Hospitality, Retail, Events, and Lodging
Off-MarketKutztown, PA
Multi-location Lifestyle Hospitality Business Combining Winery, Food And Beverage, Retail, Events, And Lodging Operations.
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$9,200,000
$1,600,000
17.4%
2016
Past 24h
Customers
The business serves a diverse mix of hospitality customers, including winery visitors, restaurant customers, retail wine customers, wedding and event customers, corporate/private event customers, boutique hotel guests, wine club members. The company has approximately 550 wine club members who pay quarterly. The primary estate has developed into a destination property, with the owner noting that customers travel from outside the immediate market, including New York and New Jersey.
Customer Acquisition
Primarily word of mouth and referrals.
Team
Approximately 200 employees across all locations. The key management structure includes general managers at each location, with supporting management teams underneath them. Ownership is focused primarily on strategic growth rather than daily operations.
Owner's Role
The owner and his wife are largely removed from day-to-day location-level operations. Over the past two years, their roles have primarily focused on growing the brand, business expansion, opening new locations, and strategic growth. Individual locations have their own general managers and supporting management teams responsible for daily operations.
Reason for Selling
The owner and his wife, the co-owners, have been attempting to raise their first Series A capital round to support continued expansion. According to the owner, raising the necessary growth capital has been challenging and exhausting because capital raising is not their core expertise. Rather than continuing to fund expansion themselves, they are now open to a buyer, investor, or strategic partner with sufficient capital to support the next stage of the company's development.
Contracts
Wine club members have membership agreements rather than long-term contracts, and they can leave the program freely.
Real Estate
Yes. The owners own the primary 52-acre winery estate. According to the owner, the land and buildings alone were valued at approximately $13 million. This figure does not include equipment, inventory, or the operating business.
When Are You Looking to Sell
ASAP
Licenses Required
Yes. The seller specifically mentioned: TTB federal license for alcohol production, Pennsylvania state license for alcohol production, Pennsylvania R liquor/restaurant license Owner estimated that the R license alone is worth approximately $160,000. He also stated that the three satellite locations operate under the same overall licensing structure through the Pennsylvania Liquor Control Board (PLCB).
Additional Notes
The primary operation is a large winery estate featuring wine production, restaurant and retail operations, and wedding and private event facilities. The company also operates three satellite hospitality locations and an eight-room boutique lodging operation. The business has approximately $1 million in inventory. The primary estate offers additional development potential, with previous engineering and planning work completed toward expanding the property's hospitality accommodations. The company generates revenue through multiple channels, including winery operations, wine sales, restaurants, retail, weddings and events, wine club memberships, and boutique lodging. Approximately 550 recurring wine club members provide an established membership component, while the event operation has future wedding and event bookings. The business has an established management structure with approximately 200 employees and general managers at each location, allowing ownership to focus primarily on growth and expansion.
Business ID: 2093
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