25-acre Vineyard Estate with Robust Wedding Venue Business – Under Agreement

wedding
$2,975,000

Listing #: 1635
Location: Mid-State, NH

This is an incredible opportunity to own an award-winning and stunning wedding venue business with substantial growth opportunity located on a picturesque 25-acre vineyard estate overlooking the most breathtaking views of mountaintops in New Hampshire. The 200-year-old estate is nestled on a majestically private hilltop and offers multiple banquet halls, on-site accommodations and is also home to a winery. The facilities have all been fully restored with modern amenities and can host events with up to 240 guests with ample on-site parking. The entire estate is rented for weddings for extended stay weekends and is completely sold out for the 2022 season with additional bookings in 2023. In addition to the wedding venue, the property has a brand new, fully licensed Winery and Tasting Room with adjacent Patio that can accommodate 40+ seats that offers additional space for hosting smaller events such as rehearsal dinner, brunch, or intimate small weddings. Current owners started the vineyard in 2017 and expanded to nearly ½ acre in 2020 for growing cold hardy grape varieties. The soil and the hilltop location are perfect to cultivate wine grapes with all-day sunlight throughout the growing season. This craft-winery is just beginning operation and represents a future growth opportunity for a new owner. Current owners do not live on the property and utilize the venue for rent only, but given the size of the property, a new owner could possibly build a home on-site.
The current owners are retiring and are looking to pass down their picturesque wedding venue to a motivated buyer. The business is being offered for sale including the tradename and assets, physical property, licensing, equipment, operational software, and existing inventory.
Financial Information:
Yearly Gross: $382,289 – $480,000
SDE: $223,000 – $265,000
Financing: Pending SBA Pre-Screen

Asking: $2,975,000

General Information:
Year Established: 2016
Type of location: 25-acre estate
Reason Selling: Retirement
Franchise: NO Home-based: NO Re-locatable: NO
County: Mid-State, NH (confidential)

For more information, please contact:

Company: ROI Corporation a BBANE Affiliate
Broker: Denis Mezheritskiy
Phone: 781-682-6209 ext. 264
Email: prospect@roibusinessbrokers.com