Company is a well-established west Houston-area, Craft Brewery that produces artisanal high end craft beer for a loyal affluent customer base. Business has gained a very good reputation due to the high-quality products and top tier beer awards (won for multiple beer styles). Business is focused on taproom sales plus limited self-distribution to ~60 quality accounts in the greater Houston Area. The business concentrates its efforts in its immediate area and adjacent communities. The taproom is kid + pet friendly and offers limited wine, cocktails, seltzers, meads, soft drinks plus rotating daily food trucks.
Company is well positioned with its current equipment and plant to increase production. The equipment is in excellent working order and has been well-maintained.
Sales are approximately ~55% taproom beer, ~14% wholesale distribution, 11% to go beer, cocktails 7%, misc 13%. The seller states that the business has excellent matching books & records and that they can prove all sales, expenses and income. The long-term customer base is diversified with the top 10 largest customers totaling approximate ~5% of total sales.
The brewery equipment was manufactured by one of the top producers in the brewery industry. The equipment was designed to provide maximum versatility. The brewhouse and every tank were designed for space and flexibility, taking advantage of the brewhouse layout. The business has plenty of additional production and capacity that a new owner could utilize.
Business operates with 6 well-trained, satisfied, motivated employees, plus an owner overseeing the business. Employees enjoy working at the brewery and handle the majority of business operations. The owner works full-time, overseeing the business and focusing on growth and opportunities to improve profitability. The owner believes that all managers, brewers, and staff are willing to stay.
The Texas craft beer industry is competitive with an estimated 4410 Craft breweries (per Brewers Association) with an estimated 121 having Tap Rooms and 186 being Brewpubs. Texas averages 2 breweries/100,000 21+ adults which ranks 48th out of all US states – plenty of room for growth! Although the industry is very competitive, the business has superior beer, excellent customer service, well-designed/maintained equipment, a destination venue with many growth opportunities, and is recession-resistant. The brewery is operating at about 60-75% capacity, allowing substantial growth with little to no incremental investment. There are many opportunities to increase sales and profits. Annual capacity can be increased by varying production methods, beer selection and production scheduling. As this craft brewer continues to grow its loyal fanbase, there are many opportunities to further expand sales and distribution through the greater Houston area.
Business has developed and implemented multiple sales and marketing channels for each of its revenue centers. The tap room relies more directly on social media platforms, sponsored posts, web ads, and traditional PR and advertising to grow its customer base, especially with the significant local population growth.
Purchase Price: The asking price for the assets of the business is $400,000. The seller is willing to finance up to 10% of the purchase price to a purchaser qualified/approved by the Seller, if required by a commercial lender. SELLER PREFERS TO SELL FOR ALL-CASH. All financing is to be personally guaranteed. Assets include inventory of $40,000, Accounts Receivables of $5,000 and FFEV (Furniture, Fixtures, Equipment and Vehicle) valued at $355,000. Inventory will be valued at cost.
NOTE: THE SALE OF A BUSINESS IS CONFIDENTIAL AND DISCREET; PLEASE DO NOT VISIT THE BUSINESS OR SPEAK WITH ANY EMPLOYEES OR OWNERS. ALL STATEMENTS, FIGURES, AND VALUES ARE SUBJECT TO A PROSPECTIVE PURCHASER’S DUE DILIGENCE.