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Virginia
Popular Craft Brewery & Tap Room in Southeast Virginia
Asking Price
$400,000
Revenue
Call/Email
Down
$400,000
Cash Flow
Call/Email
Name: Steve Sigman
Name
Steve Sigman
Description
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
*Growth in wholesale/distribution revenue could certainly be achieved with the addition of outside sales people.
*With nearly 1500 barrels of unused capacity doing some contract brewing for others short on capacity would be another opportunity for growth.
*Promoting parties and private events could also increase the revenue.
https://tworld.com/locations/Virginia/virginiabeach/listings/Popular-Craft-Brewery-Tap-Room-in-Southeast-Virginia
Business Details
Employees:
6
FE&E:
$583,267
Reason for sale:
Health
Lease & Tenant Information
Lease Expiration:
06/30/2029
Lease Options:
$6,479
Other Information
Listing Number:
12451-102395
Sales:
$520,000
Seller's Discretionary Earnings:
$520,000
Inventory:
$118,000
Posting Information
Posting ID:
ID tw:84674 / Listing Number 12451-102395
Business Category:
Liquor Related Biz, Distribution
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Popular Craft Brewery & Tap Room in Southeast Virginia
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*84674
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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