Sonoma County Hospitality Portfolio Listed for Sale

The Sonoma Best Hospitality Group portfolio, which contains various commercial, event/venue spaces, and inns, is now listed for sale. The extensive portfolio includes well-known establishments like Cornerstone Sonoma, The Post, Seven Branches Inn, and General’s Daughter Restaurant, among others. The transaction will need court approval before it can proceed, as it is a court-supervised sale.

Portfolio Overview

The Sonoma Best Hospitality Group operates this distinctive portfolio in Sonoma County, California. The group is recognized for its high-quality accommodations, restaurants, catering services, and remarkable service, all aimed at creating unforgettable experiences that embody the region’s hospitality and rich wine and culinary heritage. The sale of this portfolio offers buyers a chance to continue contributing to the region’s vibrant culture, community, and economy.

Property Highlights

The portfolio’s properties are located in the globally acclaimed Sonoma wine country, known for its culinary prowess and over 400 wineries. Less than an hour from San Francisco, the area’s strategic location ensures easy access to the significant corporate presence and affluent residents and visitors of the entire Bay Area.

The portfolio comprises a rare collection of unique Sonoma commercial assets, providing a diverse blend of scale and use in two primary submarkets, Downtown Sonoma, and South Arnold Drive. These properties have immense upside potential and underutilized opportunities that could significantly enhance their value.

Revenue Opportunities

The properties are popular wedding and event venues, generating revenue through catering, venue fees, accommodations, and other wedding-related services. These venues currently generate over $4 million in revenue and have bookings for future years.

The portfolio offers investment flexibility, allowing bidders to bid on assets together, in groups, or individually.

Sonoma County: A Wine Region

Sonoma County, named Wine Region of the Year by Wine Enthusiast Magazine in 2019, is one of the largest wine producers in California’s Wine Country Region. It is a major tourist hotspot with 18 approved American Viticultural Areas (AVAs) and over 425 wineries.

Travel-related spending in Sonoma County reached $2.3 billion in 2023, indicating the region’s significant economic potential.

Historic Sonoma Plaza and Area Attractions

Sonoma Plaza, a National Historic Landmark, serves as the cultural center of Sonoma. It is surrounded by boutique shops, art galleries, and restaurants that offer unique shopping and dining experiences.

The region also boasts several area attractions, including the Sonoma Valley Museum of Art, Sonoma Jack London State Historic Park, and the Sonoma Valley History Museum. These cultural events and experiences attract visitors from all over the world.

Inquire at CBRE.