Bankruptcy Auction: New York City Craft Beer Brewery
Bankruptcy Auction - In Re: Chelsea Craft Brewing Company. Case # 17-11459 (SHL) US Bankruptcy Court for the SDNY. Sale by Order of Trustee.
Auction Held On-site at 463 East 173rd Street, Bronx, NY 10457
Complete turnkey opportunity consisting of substantially all of the assets of this craft brewery including exceptionally high quality brewing equipment (see documents below). Current installed annual capacity is 13,680 BBL/27,360 Kegs/424,000 Gallons, with space and ability to increase capacity at current location. The 10,000 SF premises has been totally retrofitted and spec’d for state-of-the-art brewing operation (completed 2016). There is a long term lease in place with a current rent at $14 PSF.
All permits and licenses are in good standing and there is a distribution agreement in place with Union Beer Distributors, LLC. They have receieved multiple GABF Gold Medal awards in recent years. There are approximately 15 brands. The most notable brands are The “Checker Cab” Blonde Ale & The Pumpkin Pie Ale. Checker Cab is currently one of a handful of craft beers served at Yankee Stadium.
This is an excellent opportunity for a brewery looking to expand production in a new location or for new ownership to take control of existing brand/revenue stream as an alternative to a start-up.
Currently seeking stalking horse bidders.
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Posted at 11/21/2017 11:55 AM