High Profile Amador County Winery - · PDF filePrivate & Confidential 2 Disclosure This...

High Profile Amador County WineryInformation Memorandum

2Private & Confidential

Disclosure

This Information Memorandum is based upon information supplied by Charles Spinetta Winery, LLC (“Owner”). This Memorandum is furnished throughMaher Advisors, Inc. (“MA”), as the Owner’s exclusive advisor, solely for the use by prospective buyers in considering an acquisition of the winery siteproperty at 12557 Steiner Road (the “Property”). This Memorandum has been duly approved and delivered by the Owner, the memorandum issuer.

This document contains selected information provided by management to assist the recipient in making an initial decision to proceed with furtherinvestigation. Maher Advisors and the Owner expressly disclaim any and all liability for representations and warranties, expressed or implied, containedin this document or for omission from it. An acquisition of the Property should be based on further investigation. In connection with a transaction with theOwner, the Owner's sole responsibility with respect to the matters described herein shall be as set forth in the final executed agreement with the Ownercontaining the terms of such transaction.

This Memorandum may not be distributed, reproduced or used without the express consent of MA nor used for any other purposes other than theevaluation of the Property. MA, on Owner’s behalf, reserves the right to negotiate with one or more potential parties at any time and enter into adefinitive agreement for a transaction involving the Owner without prior notice to you or other potential investors or purchasers.

Requests for additional information

If, after reviewing this Memorandum, a prospective purchaser wishes to complete a further review of the Property; such interest should be communicatedto MA. Under no circumstances should any contact be made directly with Owner regarding the Property. All communications and inquires shall bedirected to the following:

Maher Advisors, Inc.1101 Vintage AvenueSt. Helena, CA 94574

Tel: (707) 963-8266Fax: (707) 963-1280

The Premier M&A Advisor to the Global Wine Industry

Ian P. MaloneSenior Vice President

[email protected]: (707) 531-7642Mobile: (415) 215-5350

Sean P. MaherPrincipal


Allison HackettAssociate


Rodney J. ClarkPrincipal

[email protected]: (707) 963-8282Direct: (415) 606-0081


Offering Price: $5,800,000 (plus inventories)

Address: 12557 Steiner Rd, Plymouth, CA 95669

APN: 014-020-039-000

Total Acres: 28.94

Vineyard Acres: 11.70

Varietals Planted: Zinfandel and Barbera

Water: Newly installed well (~ 30 GPM)

Septic System: Installed/permitted with grease trap

Zoning: AG - Williamson

Elevation: 1,550 – 1,600 feet

Appellation: Amador County

Sub-Appellation: Shenandoah Valley

Soils: Sierra coarse sandy loam

Buildings: Tasting (5,800 sf)Winery (5,000 sf)Production (4,600 sf)

A Turn-Key, Fully-Permitted Winery in the Heart of Amador County

Ideally located on Steiner Road in the Shenandoah Valley AVA of Amador County, the property presents a rare opportunity to acquire a turn-key winery property in a high tourism corridor


Key Investment Highlights

Location: High profile location on Steiner Road in Amador County

Permit: Amador County Winery Ordinance does not limit production, plus it allows several large events & weddings and unlimited smaller events.

Commercial Kitchen Profit Center: The winery holds a unique commercial kitchen permit - very few wineries in Amador County hold this permit

Public Tours/Tastings & Retail Sales: Ideal location to drive direct-to-consumer sales and wine club membership (currently the tasting room alone sells over 2,000 cases annually)

Extensive Mailing List: Over 6,000 repeat customers on the mailing list

Ideal Opportunity for a New or Existing Brand: Seller does not plan to sell brand

Vineyards: Approximately 11.70 net vine acres of Barbera and Zinfandel vines on resistant rootstock

Grape Supply: Seller owns nearby vineyard parcels that can provide additional grapes

Large Shaded Picnic Grounds: Can accommodate up to 500 people for events or weddings

Well Designed Production Facility: Can easily process 700 tons per season

Bulk Wine: 12,000 gallons of bulk wine available for purchase separately

Prominent Neighbors: Neighboring wineries and vineyards include - Renwood, Amador Foothill, Bella Grace, Deaver Vineyards, Driven, Dillian, Shenandoah Vineyards, and Dobra Zemlja

Private Secondary Tasting Bar: Tasting room includes a secluded granite top tasting bar for selective clientele to taste special wines


High Profile Tasting Room Location

The winery site is located in a scenic corridor with a number of high profile wineries in the immediate neighborhood. Together, they attract a critical mass of wine tourist traffic.

The Property


Amador Appellation Overview

Amador County is situated in the western foothills of the Sierra Nevada mountain range in central California, approximately 50 miles east of Sacramento. The county’s 40 plus wineries grow more than 2,700 acres of grapes and produce some of the best Zinfandels in America. Amador's production of intensely flavored red wines can be attributed to its high percentage of old vines. About 600 acres of the county’s vines are at least 60-years old. Some of the Zinfandel vineyards in this county are more than 125 years old, including the original Grandpère vineyard, planted with Zinfandel before 1869 and believed to be the oldest Zinfandel vineyard in America.

Amador County is where European winemaking found a home in the late 19th century. Part of what has come to be known as the “Mother Lode”, Amador County was settled by immigrants, mostly of Mediterranean decent, who sought a golden future and brought their viticultural traditions to the iron rich soils of the area. After the prosperous wine industry was shut down by Prohibition early in the 20th century, the county remained dormant until the 60’s when a young Sutter Home winemaker rediscovered the spicy, bold Zinfandel grape which was abundant in the area and returned the name Amador to a label again. The success of this wine, as well as the ripe Cabernets and Chardonnays that would follow, has made the region nationally recognized.

As diverse as the wine grape varieties planted, so are the conditions in which they are grown. Amador's vineyards range from an elevation of 250 feet in the western foothills to 2900 feet in the east. Summer daytime temperatures range from the eighties to nineties degrees, while nighttime temperatures dip into the fifties and sixties due to breezes from the Sacramento Delta and the Sierra Nevada mountains. Such a diurnal temperature shift is good for the grapes because the sunshine produces high acids and high sugar content while the temperature drop stabilizes the acid balance in the fruit.

Annual rainfall in the county as a whole averages 30 to 35 inches, while vineyards at the lowest elevation average about 19 inches. Another factor that differentiates the grapes in Amador County is the soils, from alluvial to decomposed granites, fertile to not-so-fertile, level to steep, and fine to coarse-textured. Amador County's diverse growing conditions have been acknowledged by the designation of one appellation of origin - Amador County, and two American Viticultural Areas (AVA's) - the Shenandoah Valley of California AVA and the Fiddletown AVA.


Shenandoah Valley Sub-Appellation Overview

Amador County’s two major sub-appellations are Shenandoah Valley and Fiddletown, both in the northern part of the county near the small town of Plymouth. Stylistically, zinfandels from the Shenandoah Valley tend to be fuller, riper and earthier with a characteristic dusty, dark berry fruit character, hints of cedar, anise and clove spice, and scents of raisin and chocolate. By comparison, zinfandels from the Fiddletown appellation, a smaller, higher-elevation region east of Shenandoah Valley, tend to be lower in pH and display a fruitier, more cherry-like fruit tone.

The most important grape varietal in the region is Zinfandel. In the 1970s, Sutter Home Winery began bottling varietal Zinfandel wines made from Shenandoah Valley grapes, and in 1983 the region became a designated AVA. During he 1960’s and 1970’s most of the Shenandoah Valley’s grapes were sold to jug wine producers. And although a significant proportion of Shenandoah Valley grapes are still sold to non-resident wineries, the Shenandoah Valley’s Zinfandel routinely receives excellent reviews and ratings. There are approximately 25 wineries in the Shenandoah Valley, nearly all of which are open for tasting without an appointment.

The Shenandoah Valley is the westernmost and, therefore, the least elevated and warmest region within the Sierra Foothills. The high temperatures result in very ripe fruit and full-bodied, high alcohol wines.

Representative Shenandoah Valley Producers

Shenandoah Valley AVA


Vineyards & Inventory

The estate vineyards were established in 1990

Estimated production at maturity is about 40 to 50 tons annually

Vineyard Yields & Block Map Bulk Wine Inventory

Actual Actual Actual ActualVarietal Acres Rootstock 2010 2011 2012 2013

Barbera 4.5 St. George 8 11 9 10Zinfandel 7.2 St. George 19 13 23 19Total 11.7 27 24 32 29

Varietal Vintage Gallons

Barbera 2012 660Petite Sirah 2012 780Zinfandel 2013 10,540Total 11,980

(Figures subject to change)


Equipment

All equipment was purchased new between 1994 – 2012

Equipment Description Quantity Purchase Date

Crusher & Destemmer w/ Hopper CMA-Lugana 3R (15 tons/hr) 1 2000Grape Press Defranceschi membrane press model MO-55 (18 ton) 1 1997 (new membrane 2009)Stainless Steel Tanks Glycol, dimple jacket (44,500 gallons total) 17

Non-jacketed (45,850 gallons total) 7Portable tanks (4,000 gallons total) 8

Pumps Vintech wine pumps (all digital)3" flexible impeller pumps 5 1994, 1999, 20011 1/2" diaphragm pump 1 1996Guth RA-45 pump 1 19962" flexible impeller pumps 1 19971 1/2" omac lobe pump 1 1997Red dog pump 1 19983" positive displacement pump 1 2010

Filters Della Toffola Universal 40 x 40 filter with crossover 1 1994Della Toffola EXP diatomaceous earth filter 1 1997 (rebuilt 2012)Spadoni Alfa Magic 50 x 50 lees filter with 40 plates 1 2006 (new pads 2009)

Ozonator McClain Ozone, Inc. Model BII 1 2002 (rebuilt 2008)Stainless Steel Fittings All tri-clover: tank vents, ball valves, couplings, spinners, etc.Hoses All tri-clover: all double banded, lots of hosesForklift Caterpillar 50 (model GP 25) with bin rotator 1 1999Refrigeration Refrigeration technology glycol chiller (15 ton) 1 1994 (serviced annually)Barrels and racks Barrels (American oak, air dried two years) 62

Barrel racks 60Fermenting Bins Portable one ton fermenting bins with lids (total capacity 13 tons) 13Pump over devices Westec pump over devices 6


Stainless Steel Cooperage

Tank # Gallons Manufacturer Description

S-1 524 Santa Rosa SS stainless steel, glycol, dimple jacketS-2 3,774 Santa Rosa SS stainless steel, glycol, dimple jacketS-3 3,038 Santa Rosa SS stainless steel, glycol, dimple jacketS-4 1,620 Santa Rosa SS stainless steel, glycol, dimple jacketS-5 1,620 Santa Rosa SS stainless steel, glycol, dimple jacketS-6 1,620 Santa Rosa SS stainless steel, glycol, dimple jacketS-7 1,620 Santa Rosa SS stainless steel, glycol, dimple jacketS-8 2,591 Santa Rosa SS stainless steel, glycol, dimple jacketS-9 1,154 Santa Rosa SS stainless steel, glycol, dimple jacketS-10 1,154 Santa Rosa SS stainless steel, glycol, dimple jacketS-11 1,154 Santa Rosa SS stainless steel, glycol, dimple jacketS-12 3,102 Santa Rosa SS stainless steel, glycol, dimple jacketS-13 3,102 Santa Rosa SS stainless steel, glycol, dimple jacketS-14 3,102 Santa Rosa SS stainless steel, glycol, dimple jacketS-15 3,102 Santa Rosa SS stainless steel, glycol, dimple jacketS-16 6,549 Santa Rosa SS stainless steel, non-jacketedS-17 6,549 Santa Rosa SS stainless steel, non-jacketedS-18 6,549 Santa Rosa SS stainless steel, non-jacketedS-19 6,549 Santa Rosa SS stainless steel, non-jacketedS-20 6,549 Santa Rosa SS stainless steel, non-jacketedS-21 6,549 Santa Rosa SS stainless steel, non-jacketedS-22 6,549 Santa Rosa SS stainless steel, non-jacketedS-23 6,087 Santa Rosa SS stainless steel, non-jacketedS-24 6,087 Santa Rosa SS stainless steel, non-jacketed

Portables 4,000 Santa Rosa SS (8 - 500 gal)

TOTAL 94,294


Tank Map


Amador County Winery Ordinance

The Amador County Winery Ordinance allows the following activities:

Public Wine tastings: Unlimited visitors per day

Public Winery tours: Unlimited visitors per day

Wholesale and retail sales of wine and agricultural products

Commercial Kitchen: Food preparation facility for catering on-premises and off-premises indoor or outdoor functions

Picnic area(s) for winery-related activities

Social gatherings or weddings for up to and including four hundred fifty (450) persons and including twelve (12) events per year

Indoor or outdoor amplified music until 10 p.m.

Art galleries with sales and framing

At your request Maher Advisors will provide a copy of the Winery Ordinance


Property Photos


Parcel Map


Survey Map


Dick MaherFounder

(707) [email protected]

Sean P. MaherPrincipal


Allison S. HackettAssociate


Dianne MaherPartner


Rodney J. ClarkPrincipal

(707) 501-8164 [email protected]

Maher Advisors Contact Information

For Further Information Contact:Sean P. Maher

Principal(707) 484-4604

[email protected]

The Premier M&A Advisor to the Global Wine Industry

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