Williamsburg Winery

Hospitality for Sale
Catylist Listing ID: 30651846
Property Subtypes: Hotel, Other
Number of Units: 40 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $40,000,000
Unit Price: $1,000,000 Per Unit
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2020

Overview / Comments

The Williamsburg Winery (TWW) ca. 1985 and never before offered, is an iconic, unique, & profitable winery & diversified hospitality business with strong branding located in a vibrant well-known destination––less than 3 mi. from Colonial Williamsburg and less than a 1-day drive for 30 million people. The extensive facilities on 342 acres (plus 74 ac. in a perpetual lease) include 52 acres under vine with well-selected varietals, a winery with up to 60,000 case capacity, multiple indoor/outdoor tasting venues, multiple event spaces, 2 on-site restaurants, and a boutique, European-inspired country inn/hotel with 28 rooms and suites. TWW boasts a world-class winemaker producing a superior and award-winning wine portfolio. Well over 100,000 annual visitors are invited to “wine, dine, and stay” at TWW all while engaging in “the casual enjoyment of wine” in Williamsburg style. There is an experienced and talented management team in place, and all business assets are included in the sale except wine inventory. TWW represents a unique and exciting opportunity to acquire a strongly branded, well-known, and profitable integrated hospitality business that just awaits your vision, energy, and commitment to continued growth and excellence! Please see wessexhundredfarm.com for more information.

Additional Details

Nearest MSA: Virginia Beach-Norfolk-Newport News
County: James City
Tax ID/APN: 4840100010B
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Williamsburg and Jamestown
Property Visibility: Excellent
Airports: Williamsburg-Jamestown Airport, Norfolk Airport and many small regional airports
Property Condition: Excellent
Legal Description: PARCELS: 4840100010; -10a; -10b; -10D; -10E; & 4840100005; TOTAL 342.125 AC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,510 24,086 54,708
Median Age: 52.13 42.33 42.33
Households: 1,620 8,987 20,920


Photograph of Listing Agent

Richard Walden

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