Website Closers® presents the opportunity to acquire one of Oregon’s most prestigious vineyard properties, in an AVA with the highest price per acre in the state.
They are based in Ribbon Ridge AVA in the heart of Oregon’s wine country, giving them an edge over California-based properties that are currently struggling to sell. The property is largely insulated from climate change, and its location is well-known for its ideal terroir, exceptional climate, and ability to produce world-class Pinot Noir, making it one of the most prestigious wine-growing areas in the world.
Business Broker Takeaways
1. Valuable Equipment & Facilities. The address comes with all the assets a buyer would require to make the most of their premium vineyards. They have a 100-ton, state-of-the-art winery on the property, including a fermentation room, barrel storage, and cold room, with a capacity of up to 200 tons.
They own advanced equipment that includes a hopper, incline sorting table, Europress destemmer, and a 35-hL horizontal press. Additionally, there is a rentable cabin on the property that generates additional rent revenue for their owner.
2. Quality Infrastructure. The land is connected to a well rated at 10 gallons per minute with 9,000 gallons of storage, and, while there is no natural gas service, there is a propane tank. Additionally, while no native three-phase power is available, the winery creates the three-phase energy they require for their equipment with an inverter.
3. Sustainable Practices. The property enjoys LIVE certification, reflecting the environmentally responsible practices current ownership utilizes. They farm to organic standards, avoiding herbicides and utilizing in-row cultivation techniques under the vine. This certification ensures that a buyer can look forward to responsibly grown, high-quality crops.
Scale Opportunities
The property’s premier location and high-tier wines has put them in a strong position in the market and given them ample scale potential for the right buyer to utilize.
The new owner could start by ramping up marketing for the vineyard’s D2C wine sales and large events like weddings. They could also explore affiliate marketing through partnerships with local organizations such as the Portland Opera or OMSI.
The current owner is working to increase the number of custom crush clients, utilizing more of the tonnage available in the winery. A new owner could help these efforts by marketing the custom crush facility to Oregon’s ever-growing number of winemakers.
Additionally, there is a natural swale at the property that would allow the construction of a pond up to 9.2-acre feet. Once a buyer constructs the pond and obtains an application for water rights, they could enjoy a steady flow of water for additional farming and fire suppressant needs.
Conclusion
This property has an established record behind it, with a history of producing high-class wines recognized by Wine Spectator, Wine Enthusiast, James Suckling, Vivino, and many other prestigious sources.
A buyer with strong pre-existing knowledge of the wine industry would be able to make the most of this excellent deal. They can choose to purchase a majority of assets in the business or buy out the current silent owner for a silent 25% ownership. Additionally, current ownership is willing to stay on and continue managing the business if the new owner desires.
This Company is Represented by:
WebsiteClosers.com
Prestigious Estates Business Brokers
WC 3561