Popular Craft Brewery & Tap Room in Southeast Virginia

Listing Number: 12451-102395

Description

Excellent Local Name Recognition – Absentee Owner Operated - Seller & Bank Financing Available


This craft brewery and tap room located in Southeast Virginia opened its doors over 15 years ago and has been making the highest quality craft beer & ciders for the locals and distribution statewide in Virginia and into North Carolina since. They have the capability to brew nearly 2000 barrels annually, which is nearly 4 times the current production, at their 9,000 sq/ft facility. The tap room has indoor and outdoor capacity of 120 people and is decorated with unique and hip ocean inspired décor. They currently do not sell food, opting for food trucks from time to time instead, however, a pizza oven or similar could possibly be added as another stream of revenue and keep customers in the tap room longer. Private events of up to 36 can be held while still opening the tap room to the public, or of up to 100 or more if the entire tap room is rented.

Key Investment Considerations:

• Gross Revenue: $520,000+ (3 year average)
• $800,000+ in current asset value included in the list price
• $225,000+ in finished and soon to be finished beer inventory included in list price
• Popular brand with great branding
• New A/C unit recently installed
• Equipment and seller financing available
• Loacated ideally near industrial, retail and residential areas allowing for an easy stop in for many
• Turnkey Business with solid staff and managers in place for the day-to-day operations
• Multiple Revenue Streams: Beer wholesale distribution / on site and to go beer / branded merchandise sales
• Seller financing shows confidence in smooth transition and continued success
• 2 weeks transitional training offered at no additional cost to the purchaser


*As always brokers please bring your qualified buyer’s

Listing Details

• Price: $ 709,867
• Down Payment: $550,000
• Sellers Discretionary Earnings: $ 520,000
• Total Sales: $ 520,000
• Location: Virginia


• Inventory: $ 118,000
• FF&E: $ 583,267
• Employees: 6
• Reason for Selling: Health
• Category: Liquor Related Biz,Distribution