Summary

Status: Under Contract
Region: Vancouver Island
Category: Accommodation and Food Services
Description:

Take advantage of the opportunity to own this successful growing craft brewery.

The business started in 2010. The current owners took over from the founders and expanded into an adjacent bay adding new equipment which increased production by 200%.

They then added a tasting room which has familiarized the locals with the unique craft beers. However most of the sales are wholesale to private beer and wine stores and government liquor stores.

The craft brewing industry is growing in B.C. with a diverse and eclectic market of typically middle to upper income buyers who prefer a more high end beer.

The company has increased awareness of their craft beer by sponsoring various non-profit groups on a regular basis with products for silent auction items.

Apart from this there have been no other promotions. So there is a great opportunity to increase awareness and expand the business through regular marketing.

There is also room for more expansion to three more bays and the addition of more tanks in the 4800 sq. ft. facility.

Broker: Michael Naprawa
Listing ID: VANISBC001-N169

Financials

Asking Price: $795,000
Revenue: $400,000
Net Cash Flow: $0 (SDE)
Monthly Payroll: $7,000
FF&E Asking Price: $625,000
Working Capital: $25,000 (Included)
Inventory Asking Price: $10,000 (Included)

Property

Real Estate Available: N/A
Building Size: 4800
Rent: $8
Parking: yes

Operations

Franchise: No
Homebased: No
Relocatable: Yes
Year Acquired: 2010
Full-Time Employees: 2
Part-Time Employees: 5
Trading Hours: 9-6 Mon-Sat, 9-8 Fri
Reason for Sale: Owners wants a change