Fitzpatrick Winery & Lodge

 

 

Land

            30 acres                       @ $20,000 / acre   =  $600,000

hilltop land, extremely deep Holland coarse sandy loam soils, virtually rock-free, USDA & CCOF Certified Organic

Land values adjusted 7/15/2007 after consultation with local real estate broker to reflect local average. Please note this is far from average acreage with no additional value booked for what is an undisputed $Million$ view.

Spectacular vistas

            perimeter of original 40 acres fenced 8 ft. high

                        solar-powered  gated entrance

            ˝ mile gravel road designed to facilitate deliveries with semi-trucks has just been paved 11/06 with asphalt (at a cost of $60,000). This new improvement adds a very meaningful asthetic, utilitarian and marketing value. We expect to recapture this cost in increased customer traffic and sales within the next year.

                        USDA designed and inspected rock-lined ditches

 

Vineyards              ~18 acres   @$20,000 / acre   =  $360,000

            Cabernet Sauvignon ~3.8 acres

            Cabernet Franc ~1 acre

            Chardonnay ~1.7 acres

            Cinsault ~0.2 acre

            Grenache ~1 acre

            Merlot ~2 acres

            Mourvedre ~0.2 acres

            Orange Muscat ~0.3 acres

            Sangiovese ~0.6 acres

            Sauvignon Blanc ~1 acre

            Semillion ~0.4 acres

            Syrah ~4 acres

            Tempranillo ~0.9 acres

            Zinfandel ~1.5 acres

            Additional plantable acreage: ~2

 

 

Lodge Building ~8500 ft2 total.            

            Living space 5400 ft2                                @$300 / ft2   =  $1,620,000

                        Owners’ quarters ~700 ft2

                                    2 bdrm plus full bath

                        B&B 5 bdrms plus 5 baths

                        Tasting Room

                        Commercial Kitchen

                        Great Room

                        Overlook entertainment area

 

            Outdoor deck area ~1800 ft2                 @$30/ ft2   =  $ 54,000

                        Wood-fired oven and service area

 

            Winery ~3100 ft2 indoors                        @$100/ ft2  =   $310,000

            Winery / Lodge cellar (continued)

 

2 barrel & tank rooms

wine lab

                        Bath room w/ shower

                        Bottling area

                        Office

                        Laundry room

                        Library wine cellar

                        Utility/mechanical room

 

Winery outdoor crush pad/fermentation area   1600 ft2  @$10 / ft2 = $16,000

                        Crush pad ~800 ft2

                        Fermentation area ~800 ft2

 

Metal Building 4000 ft2                    @ $75 / ft2  =  $ 300,000

            Refrigerated wine case storage ~2100 ft2

                        ~6500 case capacity

            Ag shop

                        ~1900 ft2 workspace

                        ~ upstairs room

                        ~6000 sg.ft. gravel packed parking and outdoor storage area

 

Solar Photovoltaic Generation Systems         @ $ 7 / watt  = $ 280,000

            10 KW free standing on poles grid-tied operating 3 wells

            30 KW roof-mounted  grid-tied into our 400 Amp Main service

 

Back-up Generator                 $ 20,000

            Frame construction 10 ft. high ~300 sg.ft. building

            47KW White Diesel Generator 220 AMP/ 3 phase

 

Pool & Castle                             $ 95,000

            25 meter lap pool ~29,000 gallon capacity

                        concrete block engineered / fiberglass lined

                        electric pool cover

                        surrounding exposed aggregate pool deck ~1,000 ft2

                        lawn and garden area fenced

            Castle/water tower

                        Engineered solid filled 1100 block tower with two stories

                        1600 gallon plastic food-grade water tank for emergency water

 

 

 

 

Winery Business                            

            26 years Good Will                 

            Fair Play’s Oldest Winery

            Tasting room/sales room

                        POS computer system network

 

            Winemaking facilities & equipment

for productions up to 5,000 cases annually

                        ~4000 gallon SS red wine fermentation space

                        ~5 - 1 ton plastic fermenters

                       

~8400 gallon SS temperature controlled closed tank space in sizes:

                                    2400 / 2000/ 960 / 960 / 660 / 660 / 420/ 420 gallons

                        9- 55 gallon SS Drums

1-     780 gallon Plastic Tank

1-     500 gallon Plastic Tank

20+ 55 gallon plastic drums

~90 oak barrels

Seitz 4040 Plate & Frame Filter with crossover plate

Ragazzini Peristaltic Pump

Mori Destemmer / Crusher with hopper

Vasilin Press

Hydraulic bin dumper

1”, 1.5”, 2” hoses

Variable speed pump

Triclover fittings

Specialty fittings

Lab equipment

Bottling equipment

            12 spout orbiting GAI filler

            Semi automatic corker

            Vacuum pump

            Sparger/purger bottle washer

2 membrane filter housings

Labeling Equipment

            Pressure sensitive  semi-automatic labeler

 

B&B Business

            18 years of Good Will

            5 rooms:

                        3 Queen beds with clawfoot tub, pedestal sink and toilet

2 suites with King beds with tubs, separate showers, sinks and toilets

            great occupancy rates built up over 18 years

                        repeat business is number one

                        word of mouth is number two

                        our web site is number three

                        all other advertising after that

            B&B reservations program with online availability

            Satellite Television & Internet equipment

 

 

 

 

Food service & Events

            Weddings, parties, business functions even wakes

            Ploughman’s Lunch since 1987

            Friday Night Pizza since 1996

            Winemaker Dinners

            Music and dinner venues

            Private in-house catering

 

Our Commercial Kitchen is fully equipped to handle service up to 100

 

Farm & Vineyard Equipment

            List to be developed

 

           

Summary Values using Cost Approach

 

            Land                                                    $600,000

           

            Lodge Building

                        Living space                             $1,620,000

                        Outdoor decks                         $     54,000

                        Winery/ Cellar                          $   310,000

                        Crush pad                                $     16,000

            Metal Building                          $   300,000

            Pool & Castle                                       $     95,000

                                                                        --------------

Real Property subtotal $2,995,000

 

 

            Vineyard                                              $   360,000

Solar Photovoltaic Generation   $   280,000

            Diesel Generation facility                       $     20,000

            Winery Equipment                                $   100,000

            B&B Equipment                                   $       5,000 *

            Commercial Kitchen Equipment            $     50,000

            Farm & Vineyard Equipment                $     50,000 *

                                                                        ---------------

Business Property subtotal                  $   865,000

 

           

 

Winery Business                                   $   300,000

            B&B Business                                      $   100,000

                                                                        ---------------

                        Business Valuation         $   400,000

                                               

                                                                        ----------------

Real Estate/Equipment & Business Value         $4,260,000 (adjusted 7/15/07) plus inventory

·        *There's my self appraisal utilizing market info where comparable and the Cost Approach. Valued based on conservative replacement costs, these numbers do not reflect the long duration of time over many years that it takes to accomplish all the details of land development from clearing, planting, road building, dozens of construction projects, purchasing, accumulation and installation of equipment, etc. and the personal effort, coordination and integration planning of an owner above and beyond actual replacement costs. In summary there is a hidden tremendous value in the fact that near every possible improvement is complete and the operations are tested, tried and fine tuned. Turnkey is a beautiful place to start especially if marketing is your personal strength as opposed to say construction and development. So this is a starting point in determining the market value. After your due diligence, make us an offer. Ultimately someone's offer will be accepted and the market value of this unique property will be determined. But by that time it will be someone elses when it could have been yours. Make an offer.

 

 

 

Inventory

 

Wine Inventory                             ~$300,000

            Bulk 2004 & 2005

            Bottled

                        Library

                        Current 2002, 2003

            Shipping materials

            Winemaking supplies

 

Vineyard Supplies

            Fertilizers

            Spray material

            BioFuel

           

·        * equipment value for B&B  does not include artwork, Irish country pine furniture  and personal heirlooms

·        * equipment value for farm/vineyard is an estimate that is not all inclusive and will have to be determined

 

 

Interested? Contact Brian Fitzpatrick