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Anyone want to buy a California winery?

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Jenise

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Anyone want to buy a California winery?

by Jenise » Tue Sep 06, 2011 12:37 pm

Apparently there are some great deals in the California foothills (El Dorado, Amador, etc). Look at what only $1.5M will buy you:
[url]
http://www.ewalk.com/tour-a.cgi?id=115853[/url]
My wine shopping and I have never had a problem. Just a perpetual race between the bankruptcy court and Hell.--Rogov
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John Treder

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Re: Anyone want to buy a California winery?

by John Treder » Tue Sep 06, 2011 10:53 pm

Limerick Lane outside Healdsburg was just sold to one of those outfits that buys up "brands". Too bad. I liked their zin.
I was talking to Jim Forchini at his tasting room on Friday. It seems there's a tale of woe there. I hear rumors of other places being on the block. They're a bit more numerous now, but most such rumors turn out to be just gas.

John
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Re: Anyone want to buy a California winery?

by Craig Winchell » Wed Sep 07, 2011 1:22 am

Quite a few wineries for sale, though few are cheap, or even worth anything near the asking prices. Some Arenginians just bought Renwood for quite a bit of money, and it didn't even come with real estate. The Foothills are well represented in the sell-off, but so are Sonoma County and the Central Coast.
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Re: Anyone want to buy a California winery?

by John Treder » Wed Sep 07, 2011 12:13 pm

Oops! Re-reading my post, I wasn't clear. Jim Forchini was talking about troubles at Limerick Lane, not at his own winery!

John
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