Brew Pub - Destination Central

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30769693
Property Subtypes: Food and Beverage
Building Size (RSF): 14,500 SF
Sale Price: $1,250,000 - 2,700,000
Year Business Established: 1994
Gross Revenue: $1,373,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: cash out
Last Updated: 11/29/2021

Overview / Comments

Brew Pub, restaurant, event center, distillery, with live entertainment. This is destination central ! A fixture in the state this business has been bringing award winning beer to the area for more than 25 years. The company now has expanded to distilled products such as fine Bourbon, Vodka, and Rum. Recently a Cidery license has been approved to expand the product line into hard cider, a sparkling water products.
The facility has been transformed into a warm environment taking you back to the early days of the 1800’s. This opportunity has the potential to expand products into national marketing. Currently 18 different beers are offered Stout Beers, IPA’s, Porters, and with Pumpkin a favorite in the fall. Now offering distilled products in 27 state liquor stores, you can find the brand all through New Hampshire.
This is an opportunity to take a product to a new level, own the location, trademarks, branding, and even put your own stamp on it !

Attachments & Media

Additional Details

Industry Segment: Bars and Taverns
Reason for Selling: Retirement
Value of Inventory Included ($): $270,000
Value of Furniture, Fixtures, and Equipment ($): $900,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $1,450,000
Real Estate Lease Description: Almost 15000 SF this transformed space fits a Brewery, Distillery, Event Center, Restaurant
Employee/Labor Description: 27 Employees including 3 managers
Mgmt/Training Support Description: 2 weeks of transition ( a much longer term available for negotiation )
Competition/Market Description: This is the only restaurant, brew pub, distillery, and recently approved for a cidery.
Growth/Expansion Opportunities: The company is currently in 27 state liquor stores and could be expanded into many more, in addition the beer can be distributed into many other locations

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,950 25,218 46,270
Median Age: 42.09 40.47 40.58
Households: 664 10,148 18,771

Contact

Photograph of Listing Agent

Joe Howell

Coco, Early & Associates Bridge Division
NECPE Member
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