Link Business

Boutique Vineyard and B&B

$1,550,000.00Central OtagoListing: #EL00917


Central Otago businesses for sale 


$1,550,000.00

Accommodation/Motel/Hotel businesses for sale
Refer to Broker


About this business for sale

Boutique Vineyard and B&B

Aravin Vineyard and Bed & Breakfast is an award winning boutique vineyard, also offering home-stay accommodation set on 5 hectares (approx) with views over the Alexandra basin and surrounding mountains.  It is located 6km north of Alexandra.

Owner's Residence
The residence comprises kitchen/dining, lounge with indoor/outdoor flow, master bedroom with walk in wardrobe and ensuite, 2 double bedrooms with bathroom access, separate toilet, office and double garaging.  

Tourist accommodation
The dwelling is utilised for homestay purposes offering two double bedrooms with access to bathroom
amenities and is marketed through a private website and AirBnB booking system.

Aravin Wines
The vineyard is currently managed by another party and produces pinot noir, pinot rosé and pinot gris. The vineyard was first planted in 1999 with pinot noir and pinot gris grapes and has gone on to produce award winning wine.

The vineyard is planted in approximately 2ha or 8,000 vines representing 80% pinot noir and .6ha or 2,000 vines representing 20% pinot gris.

Aravin wines are sold by the case direct to the public, online through a website or email and are available in retail stores and restaurants.

Infrastructure
The infrastructure includes equipment and pump sheds for all the plant and equipment for running the vineyard.  The property includes a diesel powered wind machine for frost protection, shelter tree plantings and irrigation water storage dam with pumping system.

Awards                                                                                                                              
Gold Medal, Romeo Bragato Wine Awards 2015                                                  
Silver Medal, Air NZ Wine Awards 2016                                              
Michael Cooper Buyers Guide 2016: 4 Stars;                                                      
Cuisine April 2017: 4 Stars

FHGC asking price 
$1,550,000 plus Stock

Reference: EL00917 

Auckland - Ellerslie
jono.jarvis@linkbusiness.co.nz
+64 9 579 9226
+64 21 177 9760

Jono Jarvis

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.