Listing ID: 76494
Business Overview
8.5 Barrel Capacity | Real Estate Available | Opportunity Zone
This is an opportunity to take brewing to the next level and own a large brewery with a full kitchen and all the amenities to keep guests coming back. With an 8.5 barrel capacity, this business is ready for the brewer that wants to increase volume or anybody who wants to get started in the microbrew industry. With award winning beer recipes and delicious food, this business is turn-key and ready for the next owner.
The real estate is located in an opportunity zone and also available for purchase.
12,645 Square Feet
1.36 Acres
Price – $2,700,000.00
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Financial
- Asking Price: $800,000
- Cash Flow: N/A
- Gross Revenue: $1,326,272
- EBITDA: N/A
- FF&E: $600,000
- Inventory: $10,000
- Inventory Included: Yes
- Established: N/A
Detailed Information
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:12,645
- Lot Size:N/A
- Total Number of Employees:10
- Furniture, Fixtures and Equipment:N/A
12,645 SF in a free-standing building.
4 weeks included
Retirement
Additional Info
The sale shall include inventory valued at $10,000, which is included in the asking price.
The business has 10 employees and is situated in a building with approx. square footage of 12,645 sq ft.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell companies. Nonetheless, the genuine reason vs the one they tell you may be 2 entirely different things. For instance, they may say "I have too many other commitments" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might simply be justifications to try to hide the reality of changing demographics, increased competitors, current decrease in profits, or a range of other reasons. This is why it is extremely important that you not count absolutely on a vendor's word, however rather, make use of the vendor's response in conjunction with your general due diligence. This will paint a much more reasonable picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses take out loans so as to cover items such as stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that earnings margins are too tight. Many companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that need to be satisfied or might lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location draw in new clients? Often times, businesses have repeat customers, which create the core of their everyday revenues. Specific variables such as brand-new competition sprouting up around the area, road building and construction, and also personnel turn over can impact repeat customers and negatively impact future earnings. One essential thing to think about is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the greater the opportunity to develop a returning consumer base. A final thought is the basic location demographics. Is the business placed in a densely inhabited city, or is it located on the edge of town? Just how might the local mean house income effect future revenue prospects?