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Well Established Farm Microbrewery & Distillery
Location: United States -> New York -> Other New York -> Cortland
Industry: Manufacturing > Other Manufacturing




Business Summary

- Turnkey Farm Brewery / Farm Distillery.
- One of Central New York's most established brands.
- Micro-brewery began operations in 2010.
- Initially sold all beer on a to-go basis with samples available at the brewery.
- Made the commitment become a farm-brewery using local products in 2012.
- Operates a 20-barrel system enabling CBC to produce all beers on-site.
- Began operating as farm distillery making Vodka, Gin and Whiskey in 2016.
- Over 30 licensed products and recipes for Beer, Cider and Spirits.
- Federal licenses for Brewery, Distillery and Winery.
- State licenses for Farm Brewery, Farm Distillery and Farm Cidery.
- Member in good standing with New York State Brewers Association.
- Located historic downtown Cortland, New York, a college town in the Finger Lakes region.
- Seller willing to assist in additional product licensing / production.
- To date, Co-founders / Seller have invested well over $600K.
- Currently around 3000 barrels of Beer and 3000 gallons of Whiskey/Vodka.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $401,000
Cash Flow:   $42,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $400,000
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The seller offers training to assure a smooth transition. Terms to be negotiated.
Reason For Selling:  The seller is interested in pursuing other interests.




Print Listing Id: 700330135
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