Brewery / Craft Beverage Asset Sale Opportunity, Bay Shore, NY

Asking Price: $699,000

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Brewery / Craft Beverage Asset Sale Opportunity, Bay Shore, NY


Asking Price: $699,000

Asset Sale Description
HS Listing ID-67609

Brewery For Sale: Bay Shore New York

Located at 1 S. Chicago Ave Bay Shore, New York our 6,600 sq foot brewery and taproom is for sale. A turnkey production facility and popular tap room that seats 75 customers indoors, and an additional 100+ outside. Approved by the Town of Islip, Southwest Sewer District/Suffolk County Water Authority with transferable permits that are no longer being issued by either entity.

The sale includes production space with all relevant equipment, canning line, date coder, forklift, delivery van, cold storage, 3 office spaces plus a 2000 sq foot multi level tap room with private indoor and outdoor seating. The tap room includes 20 tap lines, separate cold box and all FFE.

Landlord offers a 10 year lease with 2, 5 year extensions. Rent year 1 is approx 7600 with 3% increase yearly.

Tenant responsible for gas, electricity, water and sewer, and garbage collection.

The brew house is a 2 vessel, 10 bbl direct fire Alpha Brew Ops system with automation package, and a 20 bbl HLT installed in late 2018. Additionally, there are 4 – 10 bbl unitanks, 4 – 20 bbl unitanks, 1 – 10 bbl brite, and 2 – 20 bbl brites. Brewing capacity is approximately 3000 bbls a year. Potential yearly revenue of $3,000,000

The canning line is a 3 head, Twin Monkeys Gunnison with a Pack Leader labeller.

All additional equipment, and relevant expenses list is available upon request.

Transition plan

DUBCO will remain as an alt/prop tenant after sale and require contract brewing of approximately 1000 bbls/ year. Additional contract brewing from the current alt/prop tenant is approximately 500 bbls/year. Estimated revenue from contract brewing approximately $150,000/ year

One production staff member who has been with the company for over three years, and is competent in brewing, cellaring, and packaging is willing to stay on with the new company. Owner/ President/ Head Brewer will also stay on for 30 days for training and logistical purposes during the transition period, and will be available as a paid consultant thereafter. 3-4 bartenders also expressed interest in staying on after sale.

Viewing the listing location is available by appointment only.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Sale
Transition Support
Yes.
Seller Motivation
Other business interests.
Listing Info
ID
2415283
Listing Views
231

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Business Listed by: Steven Bezmen Hedgestone Business Advisors

Listing ID: 2415283 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.


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