Established Winery in Nova Scotia

NS, CanadaManufacturingBusinessSold

Sold

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Listing details

Sold As listed until it sold, kept for reference.

Revenue (TTM)
$475K CAD
Cash flow (SDE)
$20K CAD

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

DetailInformation
Business modelTraditional
Legal bodySole Proprietor
Established in1990
Financing availableYes
Reference #1200
Last year of completed statements2020
% of business selling100%

Premises

DetailInformation
PropertyLand 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

Listed September 3, 2020 · Last updated January 20, 2021 · Listing ID #2214

Before you go further

Listings are written by the seller or their broker. Verify everything before you sign.

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