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Asking Price$899,000
Revenue$222,877 Established1995
Cash Flow$64,033 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Villa Appalaccia Winery, located on the Blue Ridge Parkway, known as "America's Most Scenic Drive," operates on a 5-acre beautifully landscaped property with a lovely Italian-Inspired tasting room.  The tasting room is surrounded by stunning views of the Blue Ridge Mountains and offers a relaxing environment for enjoying world class wines.  The winery is located directly on Blue Ridge Parkway, one mile from Chateau Morrisette Winery and within close proximity to Primland Resort.   The FloydFest venue is within sight of the winery.  FloydFest is a world music and arts festival held annually in Floyd, Va.  The winery is also within close proximity to Christiansburg and Blacksburg, Va, home of Virginia Tech; as well as Roanoke, the main municipality of SWVA.  75% of the winery's customer base is from central and SW Virginia and Charlotte, Greensboro and Winston-Salem, NC.  

The owners just celebrated 23 years of producing elegant, award winning Virginia wines from Sangiovese, Pinot Grigio, Malvasia, Cabernet Franc, and Aglianico grape varieties.  The wine cellar has the equipment (crusher, press, bottling equipment, tank and barrels) for the production of 4000 cases of wine.  All winemaking equipment is included in the sale along with approx. 1,100 cases of wine inventory or what is available at the time of sale (actual inventory may affect sales price).  The tasting room and outdoor furniture, kitchen equipment and appliances are also included.  Wine production takes place in the 2000 sq ft cellar.  

The main building is reminiscent of a Tuscan farm house and includes a tasting room, covered patio, kitchen, office and a spacious 700 sq ft one bedroom apartment.  The Italian inspired main building is also built to be converted into just living quarters without the business.  The tasting room is approx 1400 sq ft, and hold approximately 20 guests.  The main building also includes a kitchen, office space, and a 600 sq ft covered deck. The kitchen has a B restaurant permit for preparation of cheese and charcuterie plates, pastas and soups.  There is an outdoor wood-fired brick oven for special events and an Italian music garden with excellent acoustics for relaxation and entertainment. Villa Appalaccia is a spectacular setting for weddings and special events.  The owners are willing to provide training and consultation for up to one year of winemaking.

The business is valued at $349,000 and the property has been appraised at 550,000.
Sale Reason:Retirement
Ad #94998
Seller Reference #ROANOVA001-N247
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Mike Keen
(540) 777-1585
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