Well-established, Popular Craft Brewery

Springfield, MO
Greene County

Located on one of the busiest streets in town


Asking Price: Annual Revenue:
$204,000 $338,627

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Well-established, Popular Craft Brewery Broker: Jerry Myers

Quick Facts

Asking Price: $204,000
Annual Revenue: $338,627
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 2
BBN Listing #: 273134791
Broker Reference #: 42014317

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Business Overview:

Highlights of Business
• Business is well established
• #1 selling craft beer for their distributor
• Craft beer market grew 4% last year while beer market as a whole fell 1%

History of Business
The brewery was founded over five years ago and found strong success in the region.

The owner passed away unexpectedly leaving the business and real estate to his two adult children. The children do not live in Missouri and have never worked in any brewing business. They wish to transition the business to someone that will continue their father’s vision and legacy.

Growth Opportunities
There are opportunities to expand sales geographically by partnering with distributors outside the current market. The addition of an upgraded canning line and/or fermentation tanks would allow for additional volume, lines of distribution and broader geographic distribution. The brewery only spent about 2.7% of sales on advertising in 2018 so additional investment here could yield greater returns as well. There is space on the east end of the building where the founder envisioned a kitchen/catering space.

Employees
The staff consists of two full-time brewers and a part-time tap room manager. The head brewer has agreed to stay with the brewery until it sells. After the brewery sells, the head brewer would be available to the new owner as an independent consultant.


Customers and Markets Served
The brewery distributes their beer to multiple counties the help of a local distributor. The Tap Room draws customers primarily from a five-mile radius.

Products and Services Offered
The brewery offers a variety of craft beers to the public through their own tap room and on tap at many area restaurants and bars. They have several flagship beers which are sold year-round as well as a variety of seasonal and specialty beers which change periodically.

The tap room is open 5 days a week and often features live music on Friday, Saturday and Sunday. The event center is by appointment only and can be booked for private parties and events. Occasionally, the room is used by the brewery for its own special events or musical acts that draw larger crowds than the tap room can accommodate.

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Property Features and Assets:

Facilities The business is operated in a 9,313 square foot brick building on a site of approximately .53 acres. There is a paved parking lot and a spacious outdoor patio. Inside, there is a tasting room with two adjoining areas for customer seating. In the back, there is an event center with a raised stage and back bar. The brewery occupies the west end of the building. The brewery boasts three walk-in coolers. One is 12’ x 20’, one is 7.5’ x 5.5’ and the third is 11.5’ x 30’. A professional real estate appraisal was done in March 2018. That appraisal determined that the value of the real estate is $745,000. The real estate is available through VR’s sister company Professional Real Estate, LLC, and is listed for $745,000.

Market Competition and Expansion:

There are other craft breweries in the area. The distributor says this brewery is their number one micro brewery client.

Reason for Selling:

Unexpected Death of Founder

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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