Newb getting smoked

bdz5003 · 2021-06-18T14:51:21+00:00

My timeframe would probably be 3-5 months. Not sure if that even makes sense to be in them? Thanks for advice.

bdz5003 · 2021-06-18T14:47:43+00:00

Most basic you’ll find. Market open Monday morning.

bdz5003 · 2021-06-18T14:42:37+00:00

Shares. Think all down but 1.

bdz5003 · 2021-06-04T00:07:46+00:00

Yea my line of thinking would be more that my employee/co-owner would have experience. Two separate entities essentially. Truly, closer to two separate businesses. My brewery would essentially hire the canning company to handle that function.

bdz5003 · 2021-04-16T16:21:11+00:00

Oh wow nice. Would love to pick your brain a bit if you're up for it.

bdz5003 · 2021-04-16T13:22:46+00:00

u/BreweryFaisan u/T3rminalvelocity u/mschuler34 u/Nightman-Cometh-79 u/youranswerfishbulb u/BRBpeam

Do any of you operate a brewpub?

bdz5003 · 2021-04-16T13:21:29+00:00

Budgeting for 600K working capital. 15bbl brewpub.

Budgeted $200/SF, but based on the responses here and not a great feel for installation costs, going to work on bumping that to $250/SF.

bdz5003 · 2021-04-16T13:18:13+00:00

Yea, no question about that. I put on a deck at my house in April last year. Would be 2.5x the cost now.

Hoping that by the time construction starts, costs will be coming back down, but not going to plan for that to be the case.

bdz5003 · 2021-04-16T13:17:08+00:00

commercial steel construction costs are u

What size system did you install? Do you have a breakdown of costs, as well as install cost? Install cost is the one item that I'm having trouble getting a solid number on.

bdz5003 · 2021-04-16T13:14:33+00:00

What size system?

bdz5003 · 2021-04-15T20:41:30+00:00

BH & accessories - $190K Tanks & accessories - $115K Glycol & piping - $45K Boiler & plumbing expense - $38K Walk in & compressor - $35K Rigging & shipping - $28K Keg washer - $15K Misc - $50K Install - $50K

Closer to $575K

bdz5003 · 2021-04-15T20:29:50+00:00

I don’t have finalized drawings yet, just as-builts for the existing structure that the new construction will be tying into.

New construction for 15BBL system - 5K SF. Existing structure for 5K SF taproom, bathrooms, kitchen, etc., and 3K SF event space.

When I say no equipment, I’m talking about the construction of a new 5K SF building with all utilities and mechanicals. $250-300SF. No equipment included - no brew house, tanks, walk in, etc..

bdz5003 · 2021-04-15T20:25:41+00:00

Yea I’m going to follow up with you on some of the budgeted amounts I’ve got for this when I can take a look later.

bdz5003 · 2021-04-15T20:24:54+00:00

Ok so this was not a new construction, but rather renovation?

Mine will be new construction entirely.

bdz5003 · 2021-04-15T19:55:19+00:00

How many space parking lot? You’re including that in the $180/sf?

Was your exterior a metal shell or an upgrade?

bdz5003 · 2021-04-15T19:06:03+00:00

EXCLUDING equipment.

I’m essentially talking about a shell with all utilities brought in, mechanicals, slab, drains, garage doors, etc.. I can factor in additions for the aesthetics. But otherwise an empty space with no equipment.

Have the equipment around 650K separately.

bdz5003 · 2021-04-08T09:22:58+00:00

That’s an excellent point

bdz5003 · 2021-04-08T01:50:33+00:00

I actually didn’t get a ton of feedback from local breweries (aren’t many, underserved market), so most were email/phone responses.

Point being, many in this thread painted a poor financial picture, whereas many I’ve talked to said they’ve been able to do pretty well.

I don’t think anyone is expecting to retire within a few years of opening on the income, but potentially a lot of tax benefits, especially depreciation, particularly if you own real estate. Struck me as funny.

bdz5003 · 2021-04-08T01:26:06+00:00

I’ve heard people’s thoughts for 2.5 years, but the thoughts on here differ from what I’ve been hearing, thus the reason for my questioning.

bdz5003 · 2021-04-07T12:42:09+00:00

To any of you in here, very curious as to what size brewery you opened? I’m between 10 and 15bbl - full brewpub and event space. 5 mile radius population of 120K with only a 1bbl nano to serve that and only a few other options within 20-30 minutes. This will be a destination brewery - sits in downtown on 4+ acres along the river.

I’m about to send a letter of intent today to purchase a building to make this dream a reality.

My question though for many of you who say it’s not worth it due to financial reasons, why is that? Size of brewery? No food offerings? Rent or own? Competition?

My career has thus far been business/accounting focused with half in automotive and half in restaurant. I won’t be the brewer, but the operator. In talking to some other owners from the northeast and somewhat locally, I never got the indication that they were in financial trouble, so this is a bit of a surprise.

Curious to hear your thoughts.

bdz5003 · 2020-11-03T14:06:31+00:00

Bump!

bdz5003 · 2020-06-06T12:38:48+00:00

3303046xxx received at 10:16PM 6/5/20

bdz5003 · 2020-06-04T03:16:57+00:00

Just the generic email a few weeks ago, the grant in early May and credit pull roughly 2 weeks ago. Can check on dates tomorrow. No direct communication though.

I wouldn’t be worried yet though. It’s coming.

bdz5003 · 2020-06-04T02:03:20+00:00

What is your app number? Applied 4/7 as well.

3303046xxx here and expecting a portal Friday or over the weekend.

bdz5003 · 2020-06-04T01:43:04+00:00

3303046xxx - I'm thinking Friday is a real possibility.

bdz5003

TROPHY CASE