Oregon's Small Wineries are Enjoying Good Profits |
Autumn Vineyard (© Rachell Coe | Dreamstime.com)
Oregonians are known to be big wine drinkers and over the last 10 years the number of wineries in the state has tripled. Some of the state’s smallest wineries have bootstrapped their way to profitability by carefully controlling quality and building close relationships with their wine-loving customers.
The Portland Business Journal reports that Prive Vineyard & Winery “produces about 500 cases a year on 2.5 acres, and produced just two high-end pinot noirs, which sell for $49 and $57.” The article in the Journal goes on to say, “The business was financed by a $125,000 investment by the owners, and today enjoys a profit margin of 40 percent.”
To keep in touch with customers, Prive Vineyard & Winery mails notices to a list of 1,000 contacts. Co-owner and winemaker Tina Hammond also hosts an annual party for the winery’s customers. All the wine produced sells out. She says folks have grown weary of visiting wineries that have gotten so large there’s never an owner in sight.
If you’d like to read the Portland Business Journal article cited above go to: Small wineries soar
To learn more about Oregon's fine wines & exploring the state's beautiful wine country go to: Oregon Wine Center
To view a previous post on the topic go to: Oregon's Wineries & Vineyards Are Growing Strong
