Award-Winning Brewery w/ Multiple Real Estate Parcels

Asking Price$2,750,000

Cash Flow
$140,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$535,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,200,000
Included in asking price
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Award-Winning Brewery w/ Multiple Real Estate Parcels


Asking Price$2,750,000

Cash Flow
$140,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$535,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,200,000
Included in asking price

Seller Financing Available
Business Description
Award-Winning Brewery - Downtown Suburb of CLT
Includes 2.5 Acres (8 parcels) of Developable Real Estate
(Zoned Commercial, Residential & Industrial)
Boost the Production of Your Established Brewery Brand or Stick With the Current Brand

This is a hybrid and unusual opportunity - to purchase an established brewery/tap room/restaurant, with the added bonus of acquiring prime downtown real estate. There are 8 separate parcels, some tenant occupied on short-term leases, for a total of 2.5 acres. So you can either ride the existing tenant cash flow by securing longer-term leases OR wipe the slate clean and partner with a developer to create a masterpiece of a downtown streetscape. The opportunity to acquire and hold such an attractive collection of parcels + a functioning brewery & tap room business opportunity WILL NOT happen again - lightning doesn't strike twice, right?

The owner assembled these parcels with that intention - but other business ventures have caught his eye. He is willing to entertain a joint-venture or self-finance the acquisition of the real estate himself with a below-market interest rate.

Financing Scenario:

Purchase Price: $2.75MM (Full Acquisition of Real Estate & Business)
Down Payment: $400,000 (15%)
Contract for Deed: $2.35MM
Interest Rate: 7% on a 20-Year Amortization
Balloon Payment: Due @ 7 Years or Refinance
Monthly Payment: $18,219
Current Rental Income (Outside of Brewery): $7,000/Month
Net Liability to New Owner: $11,219

This brewery/tap room/restaurant was once an old car dealership. Nearly a decade ago though, it was transformed into the brewery business it is today. With a total of 11,592SF +/-, it is a showpiece with incredible visibility on a main downtown corridor. The property sits on the edge of the new Social District designation for this CLT suburb.

Brewery Production Capacity:

16-barrel mash tank
16-barrel boil tank (triple steam & jacketed)
Over 180 barrel fermenting capacity
30x80 brew pad

Current brewery operation is only netting a fraction of this capacity though. Some moderate distribution has been developed - but most of the $535,000 of annual revenue is generated on-site through the tap room. So there's plenty of room for growth for the operator that has the connections to take this award-winning product further into distribution. Or if you have exceeded your brewery production capabilities at your current facility and need additional capability. And you have the excess real estate for expansion if needed.

There are countless possibilities here. Contact Neil Hawver @ National Restaurant Properties to schedule a confidential review and to discuss your needs & possibilities.
About the Business
Years in Operation
10
Facilities & Assets
Includes 8 different parcels
Some parcels have short term tenants that can be extended or vacated
11,592 is the size of the brewery only
Impressive 180 barrel capacity brewery facility
16-barrel mash tank
16-barrel boil tank (triple steam & jacketed)
Walk-In Coolers
30x80 brew pad
Brewery building is former car dealership
Market Outlook / Competition
Extremely rare opportunity for business & real estate acquisition
Sits on the edge of newly enacted Social District
Aggressive owner-financing available
Opportunities for Growth
2.5 acre development opportunity
Have ideas? Owner is listening
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
11,592
About the Sale
Seller Motivation
Other Business Interests
Transition Support
Yes. If needed.
Financing Options
400K Down - 20 Year Amortization @ 7% - Balloon Payment @ 7 Years or Refinance
Listing Info
ID
2263083
Listing Views
2580

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Business Listed by: The NRP Charlotte Team National Restaurant Properties

Listing ID: 2263083 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.