Business Overview

This award-winning craft beer microbrewery and taproom is located in a major Utah city. The Company has a strong customer base and has built a large following through social media. The Company features over $350,000 in brewery equipment in excellent condition and mostly new and glowing customer reviews. Distribution relationships are already in place to supply the Company’s beer to prominent grocery stores and convenience stores throughout the state of Utah. In 2021 the beer will be distributed out of state, which should increase revenue by 15%-25%. The brewery has been recognized both internationally and nationally for its beers. Opportunities for new revenue and growth are available for a buyer. Owners are committed to providing training and support to ensure a smooth transition.

Financial

  • Asking Price: $650,000
  • Cash Flow: N/A
  • Gross Revenue: $544,000
  • EBITDA: N/A
  • FF&E: $356,755
  • Inventory: $25,561
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:7,239
  • Lot Size:N/A
  • Total Number of Employees:8
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

other opportunities

Additional Info

The sale does include inventory valued at $25,561, which is included in the requested price.

The company has 8 employees and is located in a building with estimated square footage of 7,239 sq ft.
The real estate is leased by the business for $2,757 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell companies. Nevertheless, the genuine factor and the one they tell you may be 2 completely different things. As an example, they might claim "I have too many other obligations" or "I am retiring". For many sellers, these reasons are valid. But, for some, these might simply be excuses to attempt to hide the reality of altering demographics, increased competition, recent reduction in incomes, or a range of various other reasons. This is why it is extremely important that you not rely totally on a vendor's word, yet rather, utilize the vendor's answer combined with your general due diligence. This will paint an extra practical picture of the business's existing situation.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses borrow money with the purpose of covering items such as stock, payroll, accounts payable, etc. Remember that sometimes this can indicate that profit margins are too small. Numerous organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that must be fulfilled or may cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area draw in brand-new consumers? Many times, companies have repeat clients, which create the core of their day-to-day earnings. Specific elements such as brand-new competition sprouting up around the location, roadway building, as well as personnel turn over can affect repeat clients and also negatively impact future profits. One vital point to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Obviously, the more individuals that see the business often, the better the chance to build a returning customer base. A last idea is the basic location demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? How might the local mean house income impact future earnings prospects?