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Agriculture For Sale (Niagara, Ontario, Canada, Canada) Asking Price:£5077241

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Agriculture For Sale


Revenue £, Net Profit £, Established

For sale is one of the leading and most established VQA wineries in Niagara-on-the-lake and Ontario. 
The Asking Price includes property, business as a going concern and over $2.5M at book value net assets (equipment, inventory, etc.). Also included in the Asking Price is a real estate holding company that generates income from leasing the property and land to the winery (valued at 7.5% capitalization rate of net income), and a multi-bedroom residential property that can easily be converted to a bed and breakfast.
 
The company has an established client base, and is a major supplier to the LCBO, as well as exporter of select brands outside of Canada. The winery specializes in classic New World wines including red, white, and ice wines. In addition to its strong retail presence, revenue is generated from its retail shop, wine tastings, seminars and classes. The business is turn-key, with an established middle management structure and winemaker on staff. 
 
Major Business Parameters:
 
- Asking Price: $8,700,000
- Book Value of Capital Assets (included): $1,390,000
- Inventory (included): ~ $2,000,000
- Employees: 16
- Real Estate (included): 31.5 acres (26.75 vineyard) + all buildings and leasehold improvements
- EBITDA: Upon Request
 
Business Highlights:
 
- Strong export presence built over the past decade.
- Excellent presence in and relationship with the LCBO, which is the near monopoly retailer of wine in Ontario.
- Growing VQA sales marks growing support for VQA wines among Ontario consumers
- Current “go local” movement supports sales of VQA wines in Ontario
- Excellent growth possibilities through various distribution and sales channels (beyond LCBO) in Ontario, in other Canadian provinces, and in Asia. 
- Well-established company in an industry with high barriers to entry
- Outstanding on-site store and staff.
- Attractive location in the heart of Ontario’s wine country.

Business Information

Number of Staff

16 fulltime

Ownership

Yes

Any Expansion potential

Yes if needed

Reasons for selling

Retirement

Any Inventory / Stock value

Yes

Is this a home-based business

No

Property

Yes

Telephone

Business Location details

Competition / Market

Business/Market

Trading hours

Yes

Any Support & training

Training will be provided as needed.

Any Furniture / Fixtures

Yes

Any Living Accommodation

Yes

Can this business be relocated?

No

Is this business part of a franchise?

No