Due Diligence for Winery Buyers Seminar stresses best practices and permit requirements By Paul Franson Best Practices for Owning and Operating a Winery A seminar held earlier this year in Santa Rosa, Calif., aimed to provide current information for those who want to buy, sell or own a winery—or to serve the wine business. The fifth annual, two-day event offered current …
Buyers snapped up several Paso Robles-area vineyard properties and wineries in recent years, capitalizing on tough economic times that brought some good deals to the real estate marketplace. In 2013 and 2014, five winery properties sold at an average price of $3.2 million, varied in size from 15 to 54 acres and were small to midsize in production, according to …
Following land purchase, there is the need for a professional to manage vineyard property. Though a new vineyard owner’s intentions are crucial to setting goals, it’s the experienced and educated vineyard manager who can create a strategy to reach those goals and to oversee day-to-day operations. What to look for in a potential vineyard manager Bill Kesselring, owner of …
Soil quality, along with a reliable water source, are the two most important details of a successful vineyard. With that in mind, Bill Kesselring, owner of Kesselring Vineyard Consulting & Services, Inc,one of the few services that has a Ph.D. soil expert on staff, says the first call to a soil professional should be made before purchasing property. Skipping that …
No regulations are put into place to restrict new development The Paso Robles Groundwater Basin emergency ordinance, which was approved in 2013, will expire in August. The San Luis Obispo County Board of Supervisors chose to not adopt a new ordinance proposed by county staff on Tuesday. The proposed ordinance included banning new agricultural plantings in areas with dwindling groundwater …
Draft LAFCO application could go to supervisors in 90 days, Atascadero basin excluded The San Luis Obispo County Board of Supervisors, sitting as the flood control district, discussed and gave feedback to county staff on four issues: water district boundaries, water district powers, mechanism to fund water district and water district formation process schedule, in relationship to its application to …
Silicon Valley Bank – 2015 Wine Report As we look forward to a new year in the wine sector, its always good to take a quick look back and better plan for whats ahead. Silicon Valley Bank is a premier lender in the Wine sector and puts together one of the best market reports available. I have attached the report …
Nearly two-dozen wineries and vineyards have change hands in the past two years in the Paso Robles American Viticultural Area (AVA), according to a recent analysis by Pacifica Wine Division. Five wineries were sold in 2013-14 at an average price of $3.2 million. The sizes of the winery properties varied from 15 to 54 acres and were small to mid-sized …
WiVi Central Coast to attract regional winemakers, grape growers, managers and hospitality staff January 6, 2015 (Paso Robles, Calif) – Registration is now open for the popular WiVi Central Coast Wine Industry Conference & Tradeshow (WiViCentralCoast.com) taking place March 17-18, 2015, at the Paso Robles Event Center. The only comprehensive wine industry conference and tradeshow on California’s Central Coast – …
Paso Robles groundwater levels could drop 70 feet more by 2040, report says BY DAVID SNEED dsneed@thetribunenews.com A new analysis of the Paso Robles groundwater basin shows that aquifer levels near Paso Robles will drop an additional 70 feet if pumping continues unabated over the next 30 years. The new hydrological analysis commissioned by the San Luis Obispo County Department …