American Ranch

Chapter 158

Coles was about to return to Canada, but because of personal financial problems, he had to sell his property in Napa Valley.

Running a wine business in Napa Valley is not as easy as it might seem.In order to build the Coles Manor, Coles invested too much and owed a large loan to the bank.He also ran a winery in the Deer's Leap District, and invested a huge amount of money, but compared to the profit and investment, it was a dead loss...

Coles Manor is worth 9500 million US dollars, and the intermediary has been exhausted there, and the price cannot be negotiated.But if you buy the Coles Estate, the other party will give you another winery, which is the Coles Winery in the Stag's Leap District.

Stag's Leap District, the top producing area in Napa Valley, is truly every inch of land.There are many well-known wineries in Napa Valley, such as Silver Flower Winery, Stags Leap Winery and so on.

The average transaction price of vineyards in this region is US$47 per acre.

Buy a manor and send a winery?
watt?

Chen Mo was stunned for a long time when he heard the news, and quickly checked Coles Winery.

The winery has been established for 5 years, and now there are three works, Coles. 2013 Cabernet Sauvignon, Parker scored 83 points, "Wine Spectator" scored 85 points...

The other two works have similar ratings.

What kind of concept is this, an excellent and characteristic wine.A wine between above average and very good.It shows different degrees of goodness and taste, and there are not too many flaws.

The wines from Coles Winery cannot be said to be very good.Because this kind of wine belongs to the Stag's Leap area of ​​Napa Valley, where there are many famous wineries, wines with a comprehensive score below 86 points are regarded as unqualified wines.

Deer's Leap District, just so capricious.

Coles wine ratings range from $13 to $20 per bottle.The annual output is 1000 cases, that is, 6000 bottles... There is no wine with a score of 91 or above, and you can cry at a loss.

Coles Winery has 30 acres of vineyards, the winery pursues 'boutique', only the best grapes are selected from the 30 acres of vineyards, and about 1000 cases of wine are brewed... such a low rating, I am so sorry for 'boutique' II words.

The winery has been established for a short time and has no outstanding works, that is to say... no brand value.

The most valuable part of the winery is the vineyards, winery residences, winemaking workshops and well-built wine tasting rooms.Sold separately, the value of the winery should be between 2000 million and 2500 million.But it's not easy to let go...

"Bought it!"

Since the other party has packaged and sold it for 9500 million US dollars, it will take a few years to operate it, at least it will not lose money.

Moreover, Chen Mo also needed a larger and more private land.Then he contacted the real estate agency and called Cohen again: "Hey, old friend, what are you doing?"

"Work, what else can you be busy with. Do you need anything from me?"

"I'm in Napa... I'm going to buy a winery, a manor, and I want to ask you for a loan."

"OK, no problem. How much is the loan?"

"One hundred million."

Cohen was silent for a moment, and said: "Your credit rating, in our bank, you can borrow 5000 million U.S. dollars without collateral. If there is more, I have to ask the headquarters... If there is a mortgage, it's easy to say, and I can use the fastest loan here. I will lend you a loan."

"How about using the estate and winery that are about to be acquired as mortgages?"

"No problem. In a hurry?"

"Of course, I'm very anxious, come here quickly."

"Where are you?"

"Napa..."

"Okay, I'll be right over. Do you need a free lawyer?" Cohen laughed.

"Yes. Hurry up, it's best to sign the contract today."

"Hahaha... It seems that you have found a good project, and I will bring someone over right away."

This is the banker, easy to do.

If it wasn't for Cohen as the manager of the head office in the Bay Area, it would not be difficult for Chen Mo to get a loan of 1 million yuan, but it is not so convenient, and it is normal to delay it for a week.

Cohen and his team arrived in Napa County in less than two hours. After meeting, the two first hugged, followed Cohen to sit in Chen Mo's pickup truck, and asked, "Is there a large-scale project?"

"No. I fell in love with a manor, and the other party asked for 9500 million US dollars. I have a broker here who is negotiating the price. The other party refuses to lower the price, but buys the manor and gives a winery."

Cohen let out a 'puchi' laugh: "There is such a thing, which production area is it?"

"The deer leap."

"The winery in the Stag's Leap production area is not cheap. How big is the area?"

"The total area is 34 acres, but the area of ​​vineyards is only 30 acres. The Stag's Leap area is no different than other production areas. This place is small. There is no land for grape planting, and grape planting has been banned." The system of vineyard production areas in the United States is AVA system, that is, a local protection system, vineyards in the AVA production area can enjoy a series of preferential policies, such as land tax, the land tax of vineyards is almost zero.The land tax collected will be returned in full or in part through agricultural subsidies, and the land tax actually collected is only the valuation part of the real estate building.There are also some well-known wineries, such as Stag's Leap Winery. The business card wineries in these areas, with the support of the AVA system, even have other tax returns... Every year, the tax paid by these top-level well-known wineries is only [-]% of their income. Ten percent or so.

It is said that everything is heard, whether it is true or not, the current Chen Mo still does not know.But there are these rumors on the Internet...

Coles is working on the winery in the Stag's Leap District. The winery has a total area of ​​34 acres. The Atlas Mountains are beautiful.

The winery and wine tasting room (combined is the winery), on the opposite side of the house, separated by the vineyard, more than 700 meters away.

There is another very interesting thing here.

Coles' residence is on the hills of Bozik, at the foot of the hill to the west, across the road is the famous Silver Flower Winery.Less than 400 meters away...

Yinduo Winery and Coles Winery are only separated by a hill, but one is in the sky and the other is underground.

Coles was at home, and Chen Mo found the past under the guidance of the real estate agency. After meeting, he shook hands with Coles and introduced the people around him: "This is Mr. Cohen, from Wells Fargo Bank."

"Mr. Coles, hello."

"Hi." The two also shook hands.

Chen Mo continued: "Here are the property appraisers of Wells Fargo Bank, who will conduct property appraisals on wineries and manors, so that I can get loans. After all, it is very difficult to take out 9500 million US dollars at once."

Coles' eyes lit up: "That means, are you going to buy my manor?"

"Yes." Chen Mo smiled.

After a while, if no one else is interested, Coles may let go of the price reduction, but the night is long and the dream is endless.

To buy a manor and give a winery away, as far as Chen Mo knows, unless the owners of the two properties are very wealthy, 9500 million US dollars must be expensive to buy.How should I put it, Chen Mo likes Coles Manor, and needs a very private place to maximize the value of the space card...

(End of this chapter)