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The founder of this popular micro-brewery passed away suddenly, and his children live out of state, so do not wish to continue operating it themselves.
The brewery first started producing in 2013, and it has become the company's distributor's number one craft beer. In fact, demand has exceeded the production capabilities of the brewery, with the result that every order from the distributor in 2018 was underfilled.
The brewery has taps in many local restaurants and bars, and if production could be increased, distribution outside the Springfield, Missouri area could be established.
The business operates from an historic building in an area that is undergoing substantial gentrification, and which is quickly becoming one of the main dining and entertainment districts in the city.
The business also owns the real estate from which it operates, and the founders children wish to sell it as well. It was recently appraised for $745,000, and it is listed for sale at that price with VR's sister company Professional Real Estate, LLC.
Total price for the business and all it's equipment and raw materials inventory and the real estate is therefore $954,000.
The estimated value of the equipment in the facility is $300,000.
This business is located in an area that is experiencing gentrification, and is rapidly becoming one of the main entertainment and dining areas in the city.
The business operates from an historic building that is approximately 9,300 sf on approximately .53 acres.
The business could be substantially improved by upgrading the canning line to produce more product per day, to better meet the current demand from the local distributor, and to be able to bring on other distributors in the area. Other options include using the restaurant equipment and facilities in the building to offer food.
There are 6 other craft breweries in the area.
Unexpected recent death of founder.
Wed - Sun
The current brewmaster would be available for training if needed, on a consulting basis.
The sellers will consider providing some seller financing if required by an SBA lender.
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