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Wasson Bros. Winery
 SITE
The Mt. Hood Highway (Route 26) out of Portland is one of the busiest
tourist routes in Oregon as people take advantage of recreational
opportunities afforded by the Cascades and beautiful Mt. Hood. Wasson Bros.
Winery does a huge retail trade from its location on the Highway as drivers
enter Sandy.
The winery’s reputation was built upon its deft hand with fruit wines such as
blackberry, boysenberry, blueberry, peach and rhubarb. A solid wall of awards,
ribbons and medals attest to their s tature as perhaps the best fruit wine
producer in the country. The winery also produces and has the equipment to
expand production of vinifera grape wines, the grapes for which are currently
supplied by the owners' vineyard in Oregon City, which is also offered for sale.
 IMPROVEMENTS/EQUIPMENT
The winery is in a 4,000 sf leased facility built to
suit the winery’s needs at 17020 Rueben Lane in Sandy. The highly visible
location, just south of the intersection with Highway 26 was built in 2002 . There is a
big,
bright tasting room and retail area with a large selection of wine-related
merchandise. The offering includes all equipment for operation of the
business: tanks, barrels, presses, crusher/de-stemmer, refrigeration, pumps,
filters, bottling equipment, hoses, transfer equipment and off-site event
equipment, as well as office/tasting room furnishings and machines (full list
available). The lease provides for $2,000/month payments until June 2010, when
the payments will double to $4,000. The original term is for 20 years and there
are two 5 year options to renew. Lease available for review.
 THE BUSINESS
Jim and twin brother John have operated Wasson Bros. for over
20 years but now realize it’s time to retire. This is a turn-key operation
that has grossed between just under $210,000 in 2006 and almost $230,000 in
2005. The Wasson's say they have passed on a number of opportunities to expand
into new markets. There is a continuous supply of fruit and berries in the
Willamette Valley, making this portion of the business unconstrained by the
current or future shortages of vinifera winegrapes. Jim’s home and vineyard
in Oregon City, including 6 producing acres of Pinot Noir, Riesling, Muscat and
Gewurztraminer is also available for $650,000. The home and vineyard are on a
total of 11.6 acres adjacent to and with use of a small airstrip.
LOCATION
17020 Ruben Lane, Sandy, Oregon
PRICE
$260,000 for the business and equipment. The wine
inventory varies and is not included in the price for the business and
equipment. Current inventory is valued at about $50,000. All retail merchandise
is also available at
cost.
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The information in our listings is from sources deemed reliable but is
not guaranteed by the Broker or agents. Property should be inspected by
potential purchasers to verify suitability for any prospective uses and to
verify all acreages.
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