Hello!
This is my first post ever so please excuse me if I've missed any points of courtesy or protocol.
My extended family once had a profitable vinyard, it was divided and production stopped and now that generation has passed, now we are all friends again. Some 30 years have passed and I assume that a lot has changed, as with most other things.
What I would really like some opinions on, is how much land is the general tipping point necessary for a successful wine production business. Of course this is very general but what I would like to know is; a few hectares can make a very tiny boutique localized winery which may or may not scrape by financially. Multiply by 10 or 100 you may have critical mass to allow bad years, discounting stock, natural disaster but still make a profit. Please assume that the wine is basic as we would have a lot to learn before building something special back up. We have been advised but I would like to speak to like-minded people.
Again, I cannot thank those who choose to answer enough. It would be very helpful to hear your opinions.
This is my first post ever so please excuse me if I've missed any points of courtesy or protocol.
My extended family once had a profitable vinyard, it was divided and production stopped and now that generation has passed, now we are all friends again. Some 30 years have passed and I assume that a lot has changed, as with most other things.
What I would really like some opinions on, is how much land is the general tipping point necessary for a successful wine production business. Of course this is very general but what I would like to know is; a few hectares can make a very tiny boutique localized winery which may or may not scrape by financially. Multiply by 10 or 100 you may have critical mass to allow bad years, discounting stock, natural disaster but still make a profit. Please assume that the wine is basic as we would have a lot to learn before building something special back up. We have been advised but I would like to speak to like-minded people.
Again, I cannot thank those who choose to answer enough. It would be very helpful to hear your opinions.