Well Established Farm Microbrewery & Distillery

Cortland, NY
Cortland County

Historic downtown Cortland, NY

Asking Price: Annual Revenue:
$325,000 $401,000

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Well Established Farm Microbrewery & Distillery Broker: Dean LoBrutto
Owner Financing is Available!

Quick Facts

Asking Price: $325,000
Annual Revenue: $401,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: $50,000
Year Established: 2010
Employees: 7
BBN Listing #: 650240071
Broker Reference #: 3639

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Business Overview:

• Turnkey Farm Brewery / Farm Distillery.
• One of Central New York’s most established brands.
• Micro-brewery began operations in 2010.
• Initially sold all beer on a to-go basis with samples available at the brewery.
• Made the commitment become a farm-brewery using local products in 2012.
• Operates a 20-barrel system enabling CBC to produce all beers on-site.
• Began operating as farm distillery making Vodka, Gin and Whiskey in 2016.
• Over 30 licensed products and recipes for Beer, Cider and Spirits.
• Federal licenses for Brewery, Distillery and Winery.
• State licenses for Farm Brewery, Farm Distillery and Farm Cidery.
• Member in good standing with New York State Brewers Association.
• Located historic downtown Cortland, New York, a college town in the Finger Lakes region.
• Seller willing to assist in additional product licensing / production.
• To date, Co-founders / Seller have invested well over $600K.
• Currently around 3,000 barrels of Beer and 3000 gallons of Whiskey/Vodka.

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Property Features and Assets:

10,000 Square Feet. Microbrewery, taproom, outdoor seating with stage / sound system.

Market Competition and Expansion:

Cortland Beer Company (in the heart of the Finger Lakes region) is one of central New York’s most established breweries. The location, arguably the best in historic downtown, includes a large outdoor seating area for events complete with a stage and sound system. CBC is both a Farm Brewery and Farm Distillery with capacity far in excess of current production levels. Current distribution encompasses multiple counties in the region. Multiple options to grow this business. Expand sales efforts to scale distribution in current footprint as expand into new geographies downstate (NY). Add a commercial kitchen to expand food offering/menu/hours, as well as open the door to off-site catering and on-site events.

Reason for Selling:

Other Interests.

Additional Details:

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

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