Seller's Contact Information
- RE: Popular Award-Winning Brewpub
- Contact: Jason Blair
Quick Facts
Asking Price: | $200,000 | |
Annual Revenue: | $758,856 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $170,600 | |
Total Debt: | Not Disclosed | |
FF&E: | 184,504 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 11 | |
BBN Listing #: | 292152348 | |
Broker Reference #: | 59071-700290 |
Business Overview:
This is an award-winning Portland based brewpub with a well-established brand in an excellent location and a strong loyal customer base. The brewing operation has a 7-barrel system but has paused brewing on location and is currently functioning as a pub only. Brewing capabilities could be resumed with additional equipment. The pub includes a fully equipped kitchen complete with full hood, deep fryer, griddle, 6 burner stove prep coolers. Enough cold storage for the kitchen and brewing supplies. Great seating for indoor and outdoor enjoyment.
The brewpub started up over ten years ago and has been able to build a loyal following and has achieved a variety of recognition for their beers. The success of the brewpub lead to self-distribution and a larger facility. At this time the sellers are planning to retire and are seeking an operator to acquire the brand and continue what they started. This brewpub was generating revenue around one million before the pandemic and has been making its way back to similar revenue numbers all while having a positive cash flow.
Competitive Overview'The industry has experienced operational difficulties amid the coronavirus pandemic. Many operators that entered the industry within the past decade have expanded operations. Many operators have struggled or have not attempted to expand to international markets. Industry saturation is anticipated to slow any potential revenue growth. Craft breweries will likely become larger, sprouting additional facilities. The industry will likely play an increasingly prominent role in the global market for beer. Though the industry has experienced detrimental operating conditions, industry revenue has risen.' Competition is on the rise for this industry. Location is key.
Source: IBISWorld Industry at a Glance
Potential Growth:Currently this brewpub is only open five days a week with reduced hours. There is opportunity to open back up for lunch as well as brunch on the weekends. Restart the 7-barrel system and resume brewing on sight and build upon the success of the current brand. The business has had multiple years with positive cash flow, even through the pandemic. This is an ideal opportunity for an existing brewery to have a second location or someone that is looking to start their own brewing operation on a smaller scale.
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Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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