Christoval Vineyards

Christoval Vineyards Selling Memorandum: Christoval Vineyards is a 25-acre, river front property in Christoval Texas that is comprised of 6 acres of vineyards with 5 varietals, fully equipped turn-key winery, a tasting room/limited restaurant, wedding/event venue, and short/long term rental property. Christoval Vineyards is a unique West Texas property situated on the South Concho River. The property has been a working farm for more than 150 years and has been a vineyard for more than 40 years. It is heavily wooded with approximately 80 natural pecans and more than 100 oak trees, a pond, and a scenic irrigation canal running through the property. The business is comprised of 4 revenue streams: Vineyard and winery producing multiple types of award-winning wines through local distribution, internet, and on-site sales Tasting room serving a limited menu and providing a scenic venue for wine tastings, drop-in customers, and special events Wedding chapel and event center rented out for weddings, private parties, and corporate events Adjacent 1650 sq ft, 2BR 2BA residence for use as long term or short team lease (B&B) Vineyard and Winery: Approximately 60% of wines sold by Christoval Vineyards are produced from estate grapes grown on the property. Additional grapes are purchased as needed (typically from the Texas High Plains AVA) and a single wine is purchased from another winery. Wines are fermented, aged, and bottled on property for sale in the Tasting Room, numerous wholesale accounts in the area, and shipped to wine club members. The winery generally produces around 14-18 different wines for sale, including reserves and special vintages. Annual production varies is approximately 1500 cases of wine (18,000 bottles) which generally matches annual sales. Event Venue: Constructed in 2011, The Chapel in the Vineyard Event Center is designed in the style of a French Chateau situated in a heavily wooded section of the property. The venue is used primarily for weddings but it also used for other events (corporate or social meetings, reunions, etc.). With central air/heat, it can be used year-round and the shaded lawn and adjacent open spaces make it ideal for outdoor gatherings. Capable of seating 200 inside, additional tables and chairs can be rented and 400 persons or more can be accommodated for outdoor events. Tasting Room: The cozy tasting room was also constructed in 2011 and includes both indoor and covered outdoor seating with excellent views of the estate vineyards. It serves wine by the bottle or glass and serves a limited menu of food items. It includes a lawn space ideal for outdoor games. Short/Long Term Rental Property: The Cabernet Haus is a 1650 sq. ft, 2BR 2BA residential property situated on 1 acre adjacent to Christoval Vineyards that is ideal for use as a B&B or long-term rental. Markets: Christoval Vineyards focuses on producing artisan, premium wines. While we ship to 37 states, our primary market is the local West Texas area comprising San Angelo, Odessa, Midland, and Abilene. Christoval has a growing population and tourism component with many B&B rentals in the area and visitors drawn by river activities, natural beauty, and musical concerts in the area. Additionally, our wedding venue is constantly exposing our brand to additional potential customers. Asset List Real Estate: 4700 s.f. Main home property w/ pool (House) 1200 s.f Detached garage/wine cellar with shower/bath/laundry 3200 s.f Metal Building storage area (Shop) 4800 s.f Metal building winery (Winery) 3000 s.f Metal/concrete building, restaurant and tasting room (Tasting Room) 2400 s.f. Cinderblock building event venue (Chapel) 1650 s.f Residential building short/long term rental (B&B) 6 acres of vineyards: 2ac Tempranillo, 1 ac Vermentino, 1 ac Petite Sirah, 1 ac Sangiovese, 1 ac Petit Verdot Winery: Albrigi 4000L (3) Albrigi 3200L (2) 2000L plastic tanks (2) 1130L stackable plastic tanks (7) Bulk Barrel 360gal plastic tank Bulk Barrel 240gal plastic tank 5 ton chiller, 2 blowers 2 ton chiller (backup/portable) 1 ton chiller (portable) 4 ton bladder press 6 bottle filler Labeler Pneumatic corker (with vacuum) Grape elevator Crusher (2) Plate filter (4000L capacity) Vineyard: Shop Tractors (2) Skid Steer Forklift Jacto Blast sprayer Boom sprayer Gravely zero turn mowers (2) Leaf vac DR wood chipper Weed trimmers (2), hedger, chain saw (2), power washer Zone netting for vineyard 2014 Polaris Ranger 900 crew 4x4 20XX Kawasaki 4000 mule 4x4 3 golf carts Trailer Chapel: 25 6 diameter wooden round tables 15 30 x 72 plastic rectangle tables 200 folding chairs Turbo Aire commercial freezer Turbo Aire commercial refrigerator Commercial oven/range Warming oven 4 tap refrigerated kegerator Indoor/outdoor sound system w/mics Tasting Room: Pizza prep station (stainless, refrigerated) Horizontal refrigerator (stainless) Turbo Aire commercial freezer Electric Convection ovens (2) Stainless steel prep areas (2) Commercial stainless-steel sink (with disposal) House: 4 BR, 3.5 BA, 2 living areas, craft room/extra bedroom and office Pier and Beam foundation with concrete/steel pillars and subfloor Metal stud framing Central heat/air (3 units) Ornate double entry doors Kitchen backsplash features hand painted Italian tile Granite countertops Solid wood custom painted kitchen cabinetry Custom constructed Thermadore vent system and vent hood Commercial (Viking) oven and gas range Custom refrigerator and freezer 2 Dishwashers Double sink with custom design Trash compactor Ice maker Wine grotto and custom wet bar Dacor warming drawer Custom ceiling and door moldings throughout Custom chandeliers and ceiling fans throughout Custom designed closet systems throughout Custom window moldings Century roofing on house and detached garage 2-car covered car port with covered entrance 40,000 gal pool 3 fire places Detached Garage/Wine Cellar Central heat/air Equipment room Laundry room/bathroom/shower 2 car garage with electric doors Water Rights: South Concho River: 20 acre-feet/yr (6.5 million gallons) South Concho Irrigation Canal: 5 acre-feet/yr (1.6 million gallons)