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Sunbelt of Edwardsville

Winery And Events Venue - 21 Acres For Sale

Confidential, Illinois, US
Asking Price:
$1,750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$995
Cash Flow:
Available on request

The business and real estate is a wine bar and events venue set on 21 acres of countryside, hosting celebrations of all kinds from small gatherings of a few people or up to 200.
The property consists of several structures including:
-two indoor venues
-4 outdoor lounge options
-1 large garage and 1 shed for storage
-3-bedroom house serving as a bridal suite and storage
This business is best known for it's events. The best-selling product, however, is the signature sangria grossing around $120,000 per year.
Most customers come from a 40 mile radius, yet still receives a lot of guests from across the country when hosting weddings and events.

Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: $1,500,000.00
Real Estate Description:
This value is based on a 2018 commercial appraisal that valued the land and buildings at $1,300,000. Many improvements have since been made.
Land and buildings are included in the offering price.
The real estate consists of 21 acres and several structures including:
-two indoor venues
-4 outdoor lounge options
-1 large garage and 1 shed for storage
-3-bedroom house serving as a bridal suite and storage

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Owner worked hours per week: 40
Market Competition: The business is open to the public and people enjoy the relaxing outdoors and welcoming indoors when looking for a place to grab a bit to eat, have a couple drinks, and enjoy some down time.
Event venues are a hot commodity and this business offers one of the best. Options for gorgeous outdoor settings and rustic, warm indoor settings, are offered to those planning events.

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Sellers are looking to move on to the next big adventure of their life.

Employees:
Full Time: 4, Part Time: 8
Years established:
6

Other Information

Support & training:

Sellers are willing to work with the Buyer in training the new owner/operator for a successful transition for a period to be negotiated.

Financing available:

Downpayment Required: NEGOTIABLE
Financing is available

Inventory / Stock value:
$25,000 - included in the asking price