Local Craft Distillery

Not Disclosed, UT
Salt Lake County

Asking Price: Annual Revenue:
$188,000 $83,952

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Local Craft Distillery Broker: Art Warsoff
Owner Financing is Available!
Owner Terms:$20,000.00 Interest:8% Term Months:24 Monthly Payment:$904.55

Quick Facts

Asking Price: $188,000
Annual Revenue: $83,952
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $107,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 903050336
Broker Reference #: 15541-374906

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Business Overview:

This local craft distillery prides itself on preparing award winning, high-quality, hand-crafted spirits using locally sourced ingredients. Products include bourbon whiskey, gin, vodka, liqueur, and syrups. Retail bottle sales, tours and tastings are offered at their facility.

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Property Features and Assets:

Monthly Rent: $27,000.00 Square Units (Foot, Meter): 2,400 FF&E Overview: Distilling Equipment, truck, forklift The business was established in 2016 as a family run business. The facility has modern distilling equipment with the ability to produce a variety of craft and sourced distilled spirits.

Market Competition and Expansion:

There has been tremendous growth in the number of distilleries and micro-breweries in Utah over the past few years as demand for quality alcoholic beverages increases. Currently there are numerous distillers in Utah. This distiller differentiates themselves by focusing on locally sourced ingredients and small batches. The business can easily accommodate seasonal products and white label production for clients. Growth will come from expanding distribution at restaurants and bars, as well as retail sales, both in Utah and other nearby states. The facility has the capacity to increase production in the current space.

Reason for Selling:

Focusing on other business.

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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