Food Related Businesses For Sale in Cortland New_york

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Well Established Farm Microbrewery & Distillery

Location:Cortland, New York

Category:Food

Asking Price:$325,000

  • Sales revenue : $401,000
  • Net profit : Undisclosed
  • Furniture/Fixtures value : $400,000
  • Inventory/Stock value : $50,000
  • Well Established Farm Microbrewery & Distillery
  • Well Established Farm Microbrewery & Distillery

Business description

Turnkey farm brewery/distillery. Located in historic downtown Cortland, NY. 10,000SF facility with outdoor event area with a stage and sound system. Over 30 licensed products. Plenty of capacity (beyond current production) within the current platform. A variety of expansion avenues are available to the new owner. Over $600K invested.

Other Information

  • Selling Assets: $400K - FF&E; $50K - Inventory
  • Is Business Relocatable?: No
  • Is Business Home Based?: No
  • Franshise Terms: na
  • Real Estate: 10,000 SF. Microbrewery, taproom, outdoor seating with stage / sound system.
  • Expansion: Multiple options to grow this business. Expand sales efforts to scale distribution in current footprint as expand into new geographies downstate (NY). Add a commercial kitchen to expand food offering/menu/hours, as well as open the door to off-site catering and on-site events.
  • Years Established: 2010
  • Employees: 7PT
  • Trading Hours: TH 2-8p; FR-SA Noon-10P; SU Noon-6P
  • Support Training: The seller offers training to assure a smooth transition. Terms to be negotiated.
  • Reason For Selling: The seller is interested in pursuing other interests.
  • Lease Terms: $5.50/sq. ft. per year.Current lease set to expire 5/4/2019. Landlord willing to work with new owner, prefers to retain business as tenant.
Klassen Ingalls
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