$1.7M Rev Brewpub & Restaurant | $381K SDE | Prime Downtown Location

Asking Price$1,150,000

Cash Flow

EBITDA$381,798

Gross Revenue$1,694,442

InventoryNot Disclosed

FF&E$464,000
Included in asking price
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$1.7M Rev Brewpub & Restaurant | $381K SDE | Prime Downtown Location


Asking Price$1,150,000

Cash Flow

EBITDA$381,798

Gross Revenue$1,694,442

InventoryNot Disclosed

FF&E$464,000
Included in asking price
Business Description
Own a premier destination in one of North Carolina’s fastest-growing markets. Norse Brewing Company is a highly profitable, turnkey brewery, winery, bar, and restaurant located in the heart of downtown Wake Forest. Since its founding in 2019, the business has grown into a community anchor, consistently delivering strong revenue and healthy cash flow.

Financial Highlights (2025)
Gross Revenue: $1,694,442
Seller's Discretionary Earnings (SDE): $381,798
Gross Margin: 78%
Sale Price: $1,150,000

Optional Additions
$4,736,000 - Real estate: land, building, and all structural improvements
$2,500,000 – Optional Zebulon, NC Location

The Business Model
Norse Brewing operates on a unique "Beer, Food, and Family" philosophy, combining high-quality craft beer production with a full-service restaurant featuring a Scandinavian-Southern fusion menu.
- Diversified Income: Revenue is perfectly balanced between food (45%) and beverage sales (45%), with an additional 10% from other sources.
- Turnkey Assets: The sale includes over $464,000 in current value assets, including a full brewhouse, custom tap systems, and a professional kitchen.
-Prime Real Estate: The business occupies a stunning 8,222 sq. ft. facility renovated in 2019. The buyer has the flexibility to lease the space or acquire the real estate for an additional $4.75M

Why This Is a Standout Opportunity
- Community Anchor: Located on a prime corner lot in downtown Wake Forest, the brewery benefits from high visibility and the town’s new Social District, which allows patrons to enjoy drinks throughout the downtown area.
- Untapped Growth: While already highly profitable, significant upside exists through expanding wholesale distribution and better utilizing the large facility for weddings and private corporate events.
- Demographic Strength: Wake Forest is a high-income area (Median Household Income >$106k) with a rapidly growing population, providing a stable and expanding customer base.
- SBA Eligible: This transaction is structured to be SBA-eligible, allowing for a lower equity requirement for qualified buyers.

Reason for Sale
The founders have successfully built the brand over the last seven years and are looking to transition the business to new ownership to focus on other ventures.

Key Selling Points
Consistent Profitability: Strong YoY revenue with consistent $380k+ SDE.
Award-Winning Brand: Unique Scandinavian theme and high-quality craft beer program.
Prime Facility: Large 8,222 sq. ft. space with an outdoor dog-friendly patio.
Scale Ready: Proven systems in place with a loyal, established staff.
Multiple Revenue Streams: Taproom, full-service dining, and private event capabilities.
About the Business
Years in Operation
7
Employees
30 (3 Full-time, 27 Part-time)
8 Bartenders, 1 Brewer, 1 Brewer Assistant, 5 cooks, 2 Dishwashers, 4 Foodrunner
Facilities & Assets
Current Asset Values
Brewhouse & Tanks - $207,000
Drive-In Cooler - $12,000
Cider Vats - $1,000
Kitchen & Equipment - $15,000
Bar Equipment - $10,000
Custom Tap System - $62,000
Bar Build - $62,000
Furniture - $10,000
AV & Security - $85,000
Website
https://wakeforest.norsebrewingco.com/
Market Outlook / Competition
Located in the heart of downtown Wake Forest (Median HHI $106k+), Norse Brewing is a high-visibility anchor in the town’s new Social District. The unique Scandinavian-Southern fusion concept and balanced 45/45 food-to-beverage revenue split provide a stable "moat" against competitors. Massive growth potential exists via wholesale distribution and private events in the 8,222 sq. ft. facility.
Opportunities for Growth
Opportunity to Increase Profit by $500,000+
Currently, the brewery only supplies its craft beer internally to its 2 locations, but a new owner could easily scale the operation, distributing beer to the broader region for increased profits, incurring no additional fixed costs.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
8,222
Rent
$21,462.00 per month
About the Sale
Seller Motivation
Follows owner's original plan for the sale
Transition Support
Seller is willing to provide transition support to buyer.
Listing Info
ID
2437544
Listing Views
790
Business Location

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Business Listed by: Thomas Manglaviti MC Business Advisors

Listing ID: 2437544 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.