Historical Building, Brewpub And Daily Rental

Business Overview:

This offering includes a 4,895 Historical Building located along the main street of Downtown Titusville, FL along with the assets of two operating businesses: 1). a popular furnished 2-bedroom, 2-bath daily rental operated by Airbnb occupying the building's entire second floor and 2). the Hardware Store Brewing Company that serves and produces a variety craft beer along with all respective equipment occupying the building's first floor.

This is a unique opportunity to not only own 2 separate businesses, but also an Historical building that had been substantially restored. The brewpub includes a full staff that opens and closes the business with one of the partners offering their skill and passion as its Brewmaster who would consider remaining in such capacity.

The daily rental is fully furnished and attractively designed offering a vast amount of space including a back porch where tenants can view respective rocket launches from the Cape. The downstairs operating Brewpub includes all brewing and restaurant/bar equipment including a 3.5-barrel stack system, gas fired kettle, five 3.5 bbl. fermenters, two 3.5 bbl. bright along with an additional ten bbl. fermenter and bright tank. The Pub also has a small kitchen that has recently reduced its offerings at the election of the owners who are not engaged in daily management except for brewing and ordering efforts. Expansion of the kitchen offers an additional scalability option for a new owner.

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Property Features and Assets:

This 4,895 SF building was significantly restored in 2013 to include a 2,400+ SF 2-bedroom, 2-bath daily rental unit occupying its second floor. This fully furnished unit offers a full-sized kitchen & dining area, with a large living room. The rental unit enjoys great reviews and has private gated access. The downstairs brewery enjoys a large tasting area with ample seating at the bar or its many tables both inside and out. Includes limited kitchen and top-notch brewery equipment able to support patron needs and brewing of a variety of craft beers.

Market Competition and Expansion:

There are no brewpubs in the immediate area of the subject that is in close proximity to the cross Florida bike trail that attracts weekly bicyclists to its unique Downtown location. Titusville is also positively being impacted by the ongoing population and business growth of Brevard County located approximately 40 miles east of the Orlando metro area. The Airbnb unit is expected to continue to witness increased bookings from the continued growth of area visitors and its unique viewing position to ever increasing rocket launches at the Cape.

For the daily rental, expanding the unit's marketing platforms. For the Brew Pub, expansion of the kitchen and food offerings, improved hours of operation and possible distribution efforts that were once undertaken.

Reason for Selling:

Additional Details:

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