The historic Buffalo Bill's Brewery has closed. This real estate along with its FF&E are for sale!! Founded by Bill Owens in 1983, Buffalo Bill's is the oldest brewpub in America and in 2018, was inducted into the Smithsonian National Museum of American History as the most historic brewpub in America. Rarely does an opportunity to own such an important part of craft beer history come available. The brewpub closed in May as the current owner Geoff Harries, after owning BBB for 28 years, was ready for new adventures. Buffalo Bill's is the heart of the local community and much of this sentiment can be garnered from it's social media pages on Facebook and Instagram. The property was renovated in 2001 with upgraded electrical panel and gas service, new electrical throughout, all new sewer and plumbing, and seismic retrofit. The entire exterior façade is trimmed in white oak, which complements the huge Nana Wall system which opens the entire front of the brewpub onto the front 500 square foot patio and seasonal street parties. There's also an additional 1,000 sq ft covered patio, which is used for patio dining and banquets. The space is used year round with rollup seasonal screens and radiant heat system. The brewpub is truly turnkey and consists of a 10bbl brewery, 3 conical 10bbl fermenters, 1 conical 20bbl fermenter, 4 10bbl serving tanks, and 2 20bbl serving tanks. Prior to covid the brewpub was generating $4.5m annually with 750 customers/day. The property is 4,300 sq ft, plus the outdoor patio spaces. The real estate has recently appraised at $3,000,000, and the FF&E is valued at $450,000.   As part of the sale, is another amazing piece of real estate with distillery. The real estate is ideally suited for expanded brewery operations for the brewpub should the buyer not be interested in the distilling equipment. Currently, Buffalo Bill's uses the upstairs 600 sq ft for offices, and shares space in the distillery for its brewing inventory. Like the Buffalo Bill's property, in 2013 the property was fully renovated with new electrical panel, upgraded gas service, new electric throughout, all new sewer, plumbing, HVAC and seismic retrofit. The distillery property is an architectural masterpiece featuring an industrial modern design with polished concrete floors, floor to ceiling windows, steel moment frame structures, copper, and cinder block walls. The tasting room and retail space features rough sawn beams with a custom concrete tasting bar with Arcadia floor to ceiling retractable doors. The exterior is finished with a smooth fine finish concrete. The distillery is capable of 10,000 cases annually and consists of a 750L Arnold Holstein still with 3 15HL fermenters, 1 15HL Reaction Tank, 1 10HL Blending Tank, 1 15HL Hot Water Tank, and 1 3000HL cold water storage tank. The fully contained rooftop boiler is a skid mounted 1 million btu Aldrich A3S4-25. The real estate has recently appraised at $2,600,000, and the FFE are valued at $450,000. The two businesses represent a destination brewing and distilling venue. And, both properties are located in the Economic Development Opportunity Zone and qualify for capital gains forgiveness. It may also qualify for Economic Development Assistance as well. Both properties and respective FF&E are being sold together for $5,900,000.   Additional information: The BBB property includes 2 walk-in refrigerators, storage area, a small manager office , 2 very nice ADA restrooms, and large garbage/service area. Some of the major equipment includes as follows:  20' type 1 hood with fire suppression system, 2 full door pizza ovens, 2 stock pot burners, 6 burners over oven, 5 - 2 door under counter refrigerators (4 with sandwich stations on top), 6' flat grill over 4 refrigerated drawers, 3'6" chargrill,  2-1 door under counter refrigerators, 3 microwaves, 650lb ice machine, 2 double basket fryers, 2 food warmers, slicer, 1 group espresso machine, 4  large screen TV's and TOAST POS system with 4 terminals + 3 handheld units. In the bar there is a 120lb ice machine, ice bin, 12 taps, 3 door under counter refrigerator and 3 compartment sink. The distillery has 1 ADA bathroom and the upstairs office has 1 bathroom. The distillery holds an ABC type 06 Still license for making alcoholic spirits and an ABC type 74 license for craft distilling, retail sales, tasting, and cocktails.

General Info

  • OrganizationCorporation
  • EstablishedContact for Info
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • SeatingBBB: 220 seats including outdoor seating
  • Square FeetBBB 4,300+1,400 outdoor seating: RCD: 3,690
  • ParkingParking lot and street parking
  • Licenses23-smallbeer mfg.; 06-still for alcoholic brewery; 74-crft dist mfg
  • Open HoursContact for Info

Lease

  • RentReal Estate Included
  • ExpirationReal Estate Included
  • Yearly IncreaseReal Estate Included
  • OptionReal Estate Included
  • DepositReal Estate Included

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

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  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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