Popular westside brewpub and taproom

Asking Price$995,000

Cash Flow
$357,196
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,100,000

Inventory$65,000
Not included in asking price
FF&E$300,000
Included in asking price
Brew tanks
Brewhouse and silo
Overhead view
Entrance and covered deck
Brew tanks
Brewhouse and silo
Save1/4

Popular westside brewpub and taproom


Asking Price$995,000

Cash Flow
$357,196
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,100,000

Inventory$65,000
Not included in asking price
FF&E$300,000
Included in asking price
Business Description
Operating brewpub and taproom. Brewpub has been open nearly 9 years, and taproom room 2 plus. Twenty-four taps in the brewpub and another 20 in the taproom. World Beer Cup winner, and numerous local awards including Best local brewpub/brewery/restaurant for 5 plus years. Restaurant capacity is 80, plus outdoor seating on the covered deck of about 40, and 60 plus in the beer garden; taproom seats 48 inside and has a small outdoor bar with roll-up door. The two leased spaces include building 1, restaurant and production facility of about 4700 square feet; and, building 2, taproom of about 1370 square feet and basement storage with walk-in beer cooler of about 1000 square feet. Building 1 was repurposed/remodeled in 2015/16, while building 2 was a new build-out in 2022. Building 1 NNN- lease starts at $11,000 and building two NNN-lease at $2,500. Multiple revenue streams include on site beer/liquor/wine sales; packaged sales; food on site/taproom/to go; catering/events; merchandise; and wholesale distribution of cans and kegs.
About the Business
Years in Operation
9
Employees
40
Facilities & Assets
Building 1 leased: 4700 sf brewpub and production facility. Restaurant, patio and beer garden capacity of 140 or so. Parking lot has 21 spaces. Repurposed/remodeled in 2015/16, including electrical, plumbing, hvac, and addition of the brewhouse.
Building 2 leased: 1370 sf taproom and 1000 sf of basement storage with walk-in beer cooler. Small outside seating area. Capacity of about 55. Lots of on-street parking. New build-out in 2022.
Website
https://www.cerberusbrewingco.com
Market Outlook / Competition
Located on a busy commercial route just west of the downtown area and all the new apartments coming online.
Opportunities for Growth
Production currently at about 700 barrels a year. Total capacity is approximately 1400 barrels. So, there is significant room to increase distribution to the 40 or so bar/restaurants/liquor stores currently being serviced.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,000
Rent
$13,500.00 per month
Lease Expiration
1/1/2031
About the Sale
Seller Motivation
Retirement
Transition Support
4 weeks transition training
Financing Options
10% down payment assistance available
Listing Info
ID
2333805
Listing Views
2811

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Business Listed by: jerry morris

Listing ID: 2333805 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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