There is no doubt that Australia is considered to be one of the biggest producers and exporters of world quality wine. It exports its world class wine to many countries. Apart from helping the country to earn millions of dollars in foreign exchange, they also play a big role in providing employment to thousands of people across various parts of Australia. It would also be pertinent to mention here that for many families making wine has been a traditional business and they have been in it for many decades or perhaps even centuries. In spite of the robust and continued domestic and foreign demand for quality Australian wine, competition is also increasing in this industry. More numbers of players are getting into the business. Hence, even traditional and well entrenched players are feeling the heat. It is quite normal for such players to find out ways and means to still continue growing so that they are ahead of competition at all points in time.
Towards this objective it has been found that it may not be possible even for the best wine manufacturing companies to grow organically for an indefinite period of time. At some stage the growth will start petering and will reach a plateau. Under such circumstances it is very important for such wine manufacturing companies to look for inorganic growth means. They can either buy out some existing and well running wine manufacturing business. Alternately, they can augment their raw material source by buying out vineyards. Fruits are the most important raw materials for making wine and therefore buying a vineyard does make lot of sense as far as inorganic growth means are concerned.
However, buying an existing vineyard is not an easy task. It is important to gather all the information and knowledge before moving forward. The cost of such vineyard buyouts could run into thousands or even millions of dollars. It is therefore very important for the buyers to be doubly sure before putting in their hard money in to such purchases. The role of various professionals including that of real estate valuers and appraisers is very important. They play a big role in helping these buyers to get the right information about the value of the vineyards. They use various tools, methods and information inputs before coming out with the fair value of the same. They take into account, age, quality of soil, irrigation facilities, past average yields and other information before assigning the fair value for the same.