Established Winery in Nova Scotia
Sold
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Listing details
Sold As listed until it sold, kept for reference.
Figures as reported by the seller. What is SDE?
Highlights
- Established in 1990
About this business
As the seller described it while it was for sale.
This is an incredible opportunity to take an established winery to the next level. Find yourself in one of Nova Scotias best grape growing micro-climates, with vines rooted deep in mineral rich soil, and make your mark in a local industry that is fast becoming world-class.
"Winemakers in the lush heartland of Nova Scotia's wine industry, the Annapolis Valley, are embracing what might appear as an impossible set of conditions cool temperatures and rocky, acidic soil to create award-winning white and sparkling wines that are capturing international attention.
CBC: Canadas next great wine region is Nova Scotia
This well established, award winning Winery sells directly to consumers from the on site retail store, as well as through provincial liquor stores, where there is strong year over year growth (23%) in sales.
30 acres, including vineyard, winery, farmhouse, and event facilities.
Our analysis suggests that half a million dollars in additional investment would bring this operation to full capacity, generating /- $1 million in annual sales.
Minimum Equity Required
$1,000,000
Price: $1,599,000 Inventory
The owner answers
As the owner answered while it was for sale.
- Why are you selling?
- Personal.
Business details
| Detail | Information |
|---|---|
| Business model | Traditional |
| Legal body | Sole Proprietor |
| Established in | 1990 |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | Yes |
| Reference # | 1200 |
| Last year of completed statements | 2020 |
| % of business selling | 100% |
Premises
| Detail | Information |
|---|---|
| Property | Land and building included in the sale |
Buyer requirements
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Location
NS, Canada
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