Sonoma County Hospitality Portfolio Listed for Sale

Sonoma County’s Hospitality Portfolio Now Available for Sale – Image Credit CBRE

The Sonoma Best Hospitality Group has put up for sale its portfolio consisting of a variety of commercial spaces, event venues, and inns. The collection includes popular establishments such as Cornerstone Sonoma, The Post, Seven Branches Inn, and General’s Daughter Restaurant. The sale of this extensive portfolio is subject to court approval, as it is being overseen by the court.

Overview of the Portfolio

Operating in Sonoma County, California, the Sonoma Best Hospitality Group is known for offering top-notch accommodations, dining options, catering services, and exceptional hospitality that encapsulates the region’s rich wine and culinary traditions. The sale of this portfolio presents an opportunity for buyers to contribute to the vibrant culture, community, and economy of the region.

Property Highlights

Situated in the renowned Sonoma wine country, known for its culinary scene and numerous wineries, the portfolio’s properties are less than an hour away from San Francisco. The properties offer a mix of scale and use in two key submarkets: Downtown Sonoma and South Arnold Drive. With significant untapped potential, these properties present opportunities for value enhancement.

Revenue Opportunities

The properties in the portfolio serve as sought-after wedding and event venues, generating revenue from catering, venue fees, accommodations, and other wedding services. The current venues bring in over $4 million in revenue, with bookings extending into the future. The sale allows for flexible investment options, enabling bids for assets as a whole, in groups, or individually.

Sonoma County: A Wine Region

Awarded Wine Region of the Year by Wine Enthusiast Magazine in 2019, Sonoma County is a prominent wine producer in California’s Wine Country Region. With 18 approved American Viticultural Areas (AVAs) and over 425 wineries, the region is a popular tourist destination. Travel-related expenditures in Sonoma County hit $2.3 billion in 2023, highlighting its economic significance.

Historic Sonoma Plaza and Local Attractions

Sonoma Plaza, designated as a National Historic Landmark, stands as the cultural hub of Sonoma, surrounded by boutique stores, art galleries, and dining establishments offering unique experiences. The region also features attractions like the Sonoma Valley Museum of Art, Sonoma Jack London State Historic Park, and the Sonoma Valley History Museum, drawing visitors from across the globe.

For inquiries, contact CBRE.