Ted Stumpf
Ted Stumpf, Windermere Napa Valley PropertiesPhone: (707) 246-9825
Email: [email protected]
Real estate listing preview #1
listing
1 of 1
CommercialSold
List Price $5,000,000
Sold Price $12,000
603 California Boulevard
Napa, CA 94559
Listed by: Michael Holcomb from W Real Estate, (707) 226-2661 Sold by Michael Holcomb, W Real Estate
6,576Sq Ft
Est. Mortgage
$25,909/mo

Balloons Above the Valley ('BATV'), Napa's iconic hot-air balloon ride company, is available as a turn-key business. BATV is a thriving wine country tourism business, with a stellar reputation and dominant market share. BATV possesses all of the components necessary to increase flights and profit merely by hiring additional staff to meet the growing demand. The $5,000,000 listing price includes the business and personal property. Buyers can also purchase the company's office and maintenance facilities. In addition, Napa County's only fully vested, hot-air balloon launch site (with employee residence) can be acquired. Seller may consider leasing one or both of the real properties on a long-term basis to a qualified buyer. The North Bay offers idyllic weather to allow hot-air balloon flights 310 days/year, generating $2,471,000 revenue in 2022. More info: https://balloonrides.com/napa-investment-opportunity

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Information courtesy of W Real Estate is subject to verification and is not guaranteed.
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