Tupelo Data Room
Banquet Halls, Other Entertainment & Recreation, Other Manufacturing, Other Wholesalers & Distributors, Distilleries
Active

Hospitality, Event Center, Distillery, Lodging Opportunity Upstate NY!

New York, United States
listing image
Asking Price$2,990,000
Revenue-
EBITDA-
Cash Flow-
Description
PRICED at value of ASSETS! Multifaceted opportunity in very popular tourist area of Upstate New York! For the price of the assets alone you can own all of the following to grow and develop to your own individualized plan. Hospitality and Tourism Platform and Event Center with thousands of annual guests, name recognition and room to grow. Award winning distillery. Fully operating with still, tasting room, onsite sales, e-commerce and distribution. Over 30 acres in an extremely desirable tourism center. Scenic and offering opportunity in many strategic directions. Modern and robust infrastructure, designed to support a large operation. Perfectly laid out for lodging and additional hospitality opportunities. This multiple award winning Craft Distillery has everything you need run as a family enterprise or as a much larger, spirits operation. The distiller blender can be available for training or even longer term teamwork or partnership. Reach out to discuss current opportunities and if any plans you may have would be a good fit. Contact Jeff Bach at 314-941-8530 or email to [email protected] Ask about listing #516JB
Real Estate
$2.20mIncluded in Asking Price
Building Size: 13676 sq. ft.
Furniture Fixtures & Equipment
$850k
Inventory
$250k
Reason Selling
Lack of time and commitment to grow the business.
Facilities & Assets
Purpose built facility with production area, large tasting room, event space and relaxing accommodations throughout the grounds. Acreage to grow in consumer or manufacturing space. Amazing views of a large recreational and tourist area which attracts well financed customers. Everything on site is new including the cutting edge still and production equipment. The still is operating at a fraction of it’s capacity.
Support & Training
Seller is open to arrangements. They will certainly train in their operational as well as their distilling knowledge. Potential could be open to consulting longer term on distilling and may even be open to some type of partnership with the right buyer. The operating partner enjoys the distilling and sales ends of the business and something could be negotiated here.
Market & Competition
The American whiskey and spirits market, while down from earlier spikes, seems to have steadied. With time and investment, this is just one of the many markets that this destination can be grown in to.
Growth Opportunities
Increase production on existing products. Increasing distribution is probably the biggest opportunity. Promoting onsite tasting room, retail and events. Add overnight lodging or camping facilities. The land would even support grape production and wine making could be added.
Asking Price$2,990,000