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SW FRANCE wine country, hospitality and wine tour business seeks investor
Posted by: rosemary droxler on 3/3/2010 7:22:37 AM
Funding Needed:
Under $100k 		Category:
Hospitality & Tourism 		Website :
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Location :
Eauze, France 		Viewed : 205 times
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Description:
This 5 acre estate in the heart of the gorgeous Bas Armagnac wine region of SW France is owner occupied in the main house, plus it has 4 rental cottages and a recently completed on site bistro-restaurant. Commercial activity with the cottages has been ongoing for 5 years. The new bistro recently finished. New business launch is to operate 8 day wine, dine and a taste of armagnac tours. Bisto is fully registered and licensed.

Local population desirous of new eating establishment.

Seek investor for the start up of the new business and to pay off private construction lien on the bistro.
Property value: 900,000 euros, Mortgage balance 145,000 euros. Very low LTV.

Seeking 50,000 Euros investment which can be offset with issue of shares since the property is held by a private company.
Have a CHEF interested in leasing the bistro for a 3 year term.
Business plan is to establish commercial wine tour business over the next three years and sell the entire property.
Lots of recreational opps. in the area, with a climate like NAPA and Sonoma.
Property can sleep up to 22 guests and the bistro can cater for upwards of 40 persons.
URGENTLY required before the season commences.

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