23 May Announcement Imminent: Reverie Cheese and Wine Shop
Reverie Cheese & Wine Shop For Sale!
The Commercial Team of ERA Team VP, led by Michael McVinney and Karen Goodell, has just signed an exclusive listing for the sale of Reverie Cheese & Wine Shop. The search is on for a new owner and operator who is ready to take the business into the future. Michael McVinney, Associate Broker, stated, “As someone who has built my career in the Chautauqua Lake area, it is a privilege to work with innovative and successful local businesses. Whoever buys this business will become a part of the fabric of our community and its ongoing success!”
Cheese, Glorious Cheese!
The Reverie Creamery & Cheese shop was established in July 2015 in Mayville NY. Located just 3 miles from the gates of Chautauqua Institution, Reverie has become a favorite of the Chautauqua Lake corridor. Initially launched as cheese production business, Reverie has made a name for itself in the Chautauqua Lake area and beyond. All milk Has been sourced from dairy farms in Chautauqua County from farmers who practiced pasture-based feeding of their herds. Cheese produced by Reverie has won several awards, including from the American Cheese Society and New York State championships. Currently its focus is more about finishing (aging) cheese made by Eden Valley Creamery, an organic cow’s milk cheesemaker in Chautauqua County.
In the past two years, the Reverie Cheese Shop has evolved to focus fully as a merchant for cheese, gourmet products, gift, and craft beers. The Reverie Cheese Shop offers not only excellent products and services but also a great experience. At Reverie, creating meaningful relationship with vendors and customers is a very important aspect of the operation rather than just merely executing transactions.
And So Much More.
However, this business is about much more than just cheese! Reverie also sources gourmet food items and gift items from all over the world, as well as from domestic and local producers. People from across Chautauqua County and beyond visit the store to buy cheese, charcuterie, and other tasty treats and beverages either for themselves or as gifts.
Every time I open a bottle of wine, it is an amazing trip somewhere.
The latest addition to the Reverie Creamery & Cheese shop business model is the boutique wine shop. This is where some of the magic happens by pairing standout wines from around the world with some of the best local cheese you can find. The wine shop opened in November of 2021 and has quickly gained attention from many wine enthusiasts around the Chautauqua Lake region. The Reverie Wine Shop offers “food-friendly wines” from all of the world’s most infamous wine regions as well as many wine accessories. Karen Goodell says, “I have been a loyal customer of Reverie since it opened and would love to see a new owner continue this great community resource. It is my go-to place for appetizers, hors d’oeuvres, as well as for all of my gatherings and hostess gifts. The addition of the wine shop is a dream come true. We love wines that speak of the place from which they come.”
Reverie focuses on growers and producers with vineyards in naturally surrounded habitats and who go the extra mile when it comes to taking care of their vineyards and artisanal responsibility in the winery. It is important that these growers and producers create superior wines that are second to none and equally as good for the planet. Delicious, responsible, at every price-point.
A Business Built on Partnerships.
The current owner, Riko Chandra, emphasized that Reverie Creamery & Cheese Shop has been built on partnerships with other local businesses. “Collaboration and partnership are in our DNA. We strive to be a part of the local network economy – together we are strong!” Chautauqua Lake has so many established and up-and-coming businesses, and they enjoy and build on each other’s success. Currently, Reverie Creamery & Cheese Shop has active partnerships with Big Inlet Brewing and previously with Southern Tier Brewing, whose beers provide a Porter beer wash on the rind for Wanderer, Reverie’s award-winning cheese. If you’re not a beer drinker, the adjacent Reverie Wine Shop stocks wine from, among others, the Johnson Estate Winery. Whatever your beverage of choice, there is always an excuse to eat more cheese.
Besides these partnerships, Reverie Creamery & Cheese Shop also partners with a local wood crafter who uses local woods to make cheese boards and other items, beekeepers for local honey, maple syrup producers from the local area, and many more!
A Business Ready for Growth
The COVID-19 pandemic affected many local businesses, including Reverie Creamery & Cheese Shop. As a result, it has worked hard to grow the retail side of its business, including online sales. Retail sales are currently up by 50%, and Reverie remains a popular destination retail experience for artisan cheeses and locally produced items. Before the pandemic, the business was very successful in catering for weddings and parties, and with the end of lockdowns and restrictions on gatherings within our sights, this part of the business can be built back up again. In the same way, gift boxes for corporate and private customers that contain organic, locally produced, handmade and specialty products are a part of the business that can be expanded.
Reverie also hosted cheese and wine tasting for tour bus operators that focus on agritourism from the Cleveland, Pittsburgh, and Buffalo areas. You are limited only by your creativity and initiative. Something else to consider is that Reverie briefly ran a small café serving soups, sandwiches, cheese platters and wine. This was done by sourcing products from local farmers and producers and is a potential idea for future expansion of the business that can increase both sales and foot traffic.
A Business That Could Be Your Perfect Opportunity!
Reverie Creamery & Cheese Shop is being offered as an operating, turnkey business, including real estate. Equipment, and inventory can be included per negotiation. Current cheese production is limited to finishing (aging) and follows traditional methods in a facility that complies with New York State and Federal regulations. The business possesses licenses for the sale of off-premise beers and ciders, as well as wine. This business is perfect for those who are looking for opportunities in agritourism, merchants and/or tour operators of regional food and wine, host of planned events, small operation of food manufacturer, and so on.
If you are interested, please contact Karen Goodell and/or Michael McVinney of ERA Team VP for detailed information about this business opportunity.
Other articles that may be interesting… “Screening Tenants for a Rental Property: What to Look for,” “7 Benefits of Renting Shared Office Space,” “Beginners Guide to Real Estate Investing – How Best to Evaluate a Potential Rental Property,” “Real Estate Investing – Renovation on a Budget.“
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