Established Canadian businesses - For Sale by Owner - in Canada
Listing # 62517003
Business For Sale
Small Okanagan winery for sale in Kelowna, BC
Business Location: British Columbia Postal Code: V1P Relocatable: No
Farming, Fishing & Forestry Retail Stores & Trade
An attractive, well established small business with a good reputation where living and working can be combined in a rural setting on the edge of the city of Kelowna. Situated in the beautiful Okanagan Valley, offering a high quality of life and services for young and old.
Wonderful picnic area where many events take place, including grape stomps and summer music series. Quaint wine shop with very friendly staff. The winery is well known by locals and popular with tourists and is part of the
Kelowna FabFive Wine trail. The winery has great potential for growth for both local and other markets. Winery building allows for growth both in storage capacity and production.
Healthy small business with sales growing from 140 to 440,000 in 6 years. Note that 2/3 of the price is real estate related and approx 1/3 business related. Real Estate prices in Kelowna have and will keep rising. The winery has seen consistent growth during recession years and Alberta down turn (Next to BC a main source of customers)
MARKET & COMPETITION
The wine industry in BC is mainly a tourism based industry with most small wineries earning 2/3 of income on site. The winery is part of the well know Kelowna FABFive wine trail and has distinct wines (smooth fruit forward wines) with often catchy names (HotFlash Grapes with Benefits, A Senior Moment) as well as more traditional wines. The wine receives awards on a consistent basis both in national and international competitions.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
6.87 acres , including 5 aces planted grapes
2313 feet rancher style house
winery, wine shop and other buildings
- OPTIONAL & EXTRAS -
inventory (fluctuates during the year, but needs to be added to price upon take over)
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