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Sioux Falls Brewhouse And Tap Room For Sale

Minnehaha County, South Dakota
Asking Price:
$185,000 (USD) Furniture / Fixtures included
Sales Revenue:
$363,619 (USD)
Cash Flow:
$14,537 (USD)

A well established Sioux Falls based micro-brewery is for sale. This is a great opportunity to have your taste for great beer and your business acumen come together. The owners have created a well planned out, first class brewhouse and tap room. The business has a loyal customer following, an excellent location and a great craft beer reputation. The brewing equipment is top of the line. Tap room sales are the main revenue stream with 16 tap lines. The company does some wholesale distribution with potential to do a whole lot more. Fermentation tanks, process piping, chiller tank, keg filler/washer, and numerous other ancillary equipment is operating and in place. All trademarks, branding and proven recipes will transfer. Priced well under start up costs. Over one-hundred thousand in build out costs are in place. This business is ready to have someone take it to the next level.

Property information

Real Estate:

Lease

Living Accommodation:

Everything is in place to grow this business to the next level. Perfect for a home-brewer to move up or for an existing brewery to capture more of the market. Great opportunity to expand upon the wholesale distribution network already in place.

Premises Details:

Excellent location in a strip mall. Eighty person seating capacity. Three years left on a six year lease.

Business Operation

Competition / Market:

There is some competition in town. However, this industry is experiencing huge growth and the town is very dynamic. South Dakota has the lowest craft beers sales in the nation. Nationally, craft beer is a $28 billion dollar industry, so there is plenty of room to grow. The younger generation, both Millennials and Gen X, prefer the niche premium beer market. Craft beer sales across the nation have been steadily growing and will most likely continue.

Reasons for selling:

Owners would like to pursue other interests.

Trading hours:

Sunday to Saturday / Hours Varies

Employees:
2 FT / 4 PT
Years established:
3

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.
Experience producing craft beers would be good. Owners will work with buyer on transferring their brewing skills or maybe it's time to start putting your master skills to work.
The company's beverage manufacturers license will be transferred, along with its wine and malt beverage retailer licenses.

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price

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