Selling a craft brewery is a nuanced process, blending financial acumen with an understanding of the craft beer industry’s unique landscape. Whether you’re considering selling now or in the future, preparation and knowledge are key. In the HOW TO SELL YOUR BREWERY webinar financial professionals shared best practices to consider when selling a brewery.
Andy Stockett: Managing Director of Four Bridges Capital Advisors, brings a wealth of experience in private equity and M&A. Stockett served as CFO of Big River Grill and Brewing Works in Chattanooga, which eventually acquired the Gordon Biersch Brewery restaurant assets. The company grew to 33 locations nationwide, and over $90 million in revenues.
Robert Gorin: Managing Director at Getzler Henrich & Associates, specializes in corporate turnarounds and operational optimization for middle-market companies.
Andrew Finkel: Partner at Marcum LLP, an expert in tax planning and compliance, leveraging his role to guide middle-market businesses through financial aspects of transactions.
10 Crucial Considerations (distilled from the webinar):
Selling a brewery is as much about timing and preparation as it is about finding the right buyer who shares your vision for the future. By starting early and paying attention to these key areas, you can navigate the complexities of the sale process and achieve an outcome that meets both your financial and personal goals.
Remember, the craft beer industry is not just about the product; it’s about the community and the legacy you leave behind. Make your exit as impactful as your entrance.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Nate Collins and panelists and not necessarily those of Raymond James. You should discuss any tax or legal matters with the appropriate professional. Raymond James and its advisors do not offer tax or legal advice. Raymond James is not affiliated with and does not endorse the opinions or services of the panelists mentioned.