MergerPlace

Sioux Falls Brewhouse and Tap Room

South Dakota (Minnehaha)


  • Asking Price: $175,000
  • Gross Income: $363,619
  • Cash Flow: $14,537
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #211386
  • Established: 2015
  • Employees: 2 FT / 4 PT

Business Description

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.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: South Dakota
County: Minnehaha

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT / 4 PT

Financial Information

Asking Price: $175,000
Gross Revenue: $363,619
Cash Flow: $14,537
FF&E: $150,000
Seller Financing Available: No

Property Information

Facilities:

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

Growth & expansion opportunities:

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.

Competition:

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.

Reason for selling:

Owners would like to pursue other interests.

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.

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Business Listed By:

Calvin Breske

Murphy Business Brokers