5000 Cralle Road, Christoval, TX 76935 - Tom Green County

Christoval Vineyards

Selling Memorandum:

Christoval Vineyards is a 25-acre, river front property in Christoval Texas that is comprised of 6 acres of vineyards with 5 varietals, fully equipped turn-key winery, a tasting room/limited restaurant, wedding/event venue, and short/long term rental property. Christoval Vineyards is a unique West Texas property situated on the South Concho River. The property has been a working farm for more than 150 years and has been a vineyard for more than 40 years. It is heavily wooded with approximately 80 natural pecans and more than 100 oak trees, a pond, and a scenic irrigation canal running through the property.

The business is comprised of 4 revenue streams:

Vineyard and winery producing multiple types of award-winning wines through local distribution, internet, and on-site sales

Tasting room serving a limited menu and providing a scenic venue for wine tastings, drop-in customers, and special events

Wedding chapel and event center rented out for weddings, private parties, and corporate events

Adjacent 1650 sq ft, 2BR 2BA residence for use as long term or short team lease (B&B)

Vineyard and Winery:

Approximately 60% of wines sold by Christoval Vineyards are produced from estate grapes grown on the property. Additional grapes are purchased as needed (typically from the Texas

High Plains AVA) and a single wine is purchased from another winery. Wines are fermented, aged, and bottled on property for sale in the Tasting Room, numerous wholesale accounts in the area, and shipped to wine club members. The winery generally produces around 14-18 different wines for sale, including reserves and special vintages. Annual production varies is approximately 1500 cases of wine (18,000 bottles) which generally

matches annual sales.

Event Venue:

Constructed in 2011, The Chapel in the Vineyard Event Center is designed in the style of a French Chateau situated in a heavily wooded section of the property. The venue is used

primarily for weddings but it also used for other events (corporate or social meetings, reunions, etc.). With central air/heat, it can be used year-round and the shaded lawn and adjacent open spaces make it ideal for outdoor gatherings. Capable of seating 200 inside, additional tables and chairs can be rented and 400 persons or more can be accommodated for outdoor events.

Tasting Room:

The cozy tasting room was also constructed in 2011 and includes both indoor and covered outdoor seating with excellent views of the estate vineyards. It serves wine by the bottle or glass and serves a limited menu of food items. It includes a lawn space ideal for outdoor games.

Short/Long Term Rental Property:

The Cabernet Haus is a 1650 sq. ft, 2BR 2BA residential property situated on 1 acre adjacent to Christoval Vineyards that is ideal for use as a B&B or long-term rental.

Markets:

Christoval Vineyards focuses on producing artisan, premium wines. While we ship to 37 states, our primary market is the local West Texas area comprising San Angelo, Odessa, Midland, and Abilene. Christoval has a growing population and tourism component with many B&B rentals in the area and visitors drawn by river activities, natural beauty, and musical concerts in the area. Additionally, our wedding venue is constantly exposing our brand to additional potential customers.

Asset List

Real Estate:

4700 s.f. Main home property w/ pool (House)

1200 s.f Detached garage/wine cellar with shower/bath/laundry

3200 s.f Metal Building storage area (Shop)

4800 s.f Metal building winery (Winery)

3000 s.f Metal/concrete building, restaurant and tasting room (Tasting Room)

2400 s.f. Cinderblock building event venue (Chapel)

1650 s.f Residential building short/long term rental (B&B)

6 acres of vineyards: 2ac Tempranillo, 1 ac Vermentino, 1 ac Petite Sirah, 1 ac Sangiovese, 1 ac Petit Verdot

Winery:

Albrigi 4000L (3)

Albrigi 3200L (2) 2000L plastic tanks (2)

1130L stackable plastic tanks (7)

Bulk Barrel 360gal plastic tank

Bulk Barrel 240gal plastic tank

5 ton chiller, 2 blowers

2 ton chiller (backup/portable)

1 ton chiller (portable)

4 ton bladder press

6 bottle filler

Labeler

Pneumatic corker (with vacuum)

Grape elevator

Crusher (2)

Plate filter (4000L capacity)

Vineyard:

Shop

Tractors (2)

Skid Steer Forklift

Jacto Blast sprayer

Boom sprayer

Gravely zero turn mowers (2)

Leaf vac

DR wood chipper

Weed trimmers (2), hedger, chain saw (2), power washer

Zone netting for vineyard

2014 Polaris Ranger 900 crew 4x4

20XX Kawasaki 4000 mule 4x4

3 golf carts

Trailer

Chapel:

25 6 diameter wooden round tables

15 30 x 72 plastic rectangle tables

200 folding chairs

Turbo Aire commercial freezer

Turbo Aire commercial refrigerator

Commercial oven/range

Warming oven

4 tap refrigerated kegerator

Indoor/outdoor sound system w/mics

Tasting Room:

Pizza prep station (stainless, refrigerated)

Horizontal refrigerator (stainless)

Turbo Aire commercial freezer

Electric Convection ovens (2)

Stainless steel prep areas (2)

Commercial stainless-steel sink (with disposal)

House:

4 BR, 3.5 BA, 2 living areas, craft room/extra bedroom and office

Pier and Beam foundation with concrete/steel pillars and subfloor

Metal stud framing Central heat/air (3 units)

Ornate double entry doors

Kitchen backsplash features hand painted Italian tile

Granite countertops

Solid wood custom painted kitchen cabinetry

Custom constructed Thermadore vent system and vent hood

Commercial (Viking) oven and gas range

Custom refrigerator and freezer

2 Dishwashers

Double sink with custom design

Trash compactor

Ice maker Wine grotto and custom wet bar

Dacor warming drawer

Custom ceiling and door moldings throughout

Custom chandeliers and ceiling fans throughout

Custom designed closet systems throughout

Custom window moldings

Century roofing on house and detached garage

2-car covered car port with covered entrance

40,000 gal pool

3 fire places

Detached Garage/Wine Cellar

Central heat/air Equipment room

Laundry room/bathroom/shower

2 car garage with electric doors

Water Rights:

South Concho River: 20 acre-feet/yr (6.5 million gallons)

South Concho Irrigation Canal: 5 acre-feet/yr (1.6 million gallons)