If you are planning on turning your passion for craft beer into a real business, opening a microbrewery must have crossed your mind a thousand times by now. Sure, it does take a lot of planning and quite a substantial financial investment, but if you are committed to your dream, chances for success are ten times higher.
If you are wondering what it takes to open your own craft beer location, here’s some advice to help you get started:
What makes a brewery such a costly investment is the equipment you will need to actually craft beer. Barrels can get anywhere from $100,000 a piece, to even close to $1 million if you plan on purchasing a brand new one. On top of that, you will also need kegs, boilers, kettles, cooling systems and many other equipment pieces to put everything together.
You can find reasonable prices if you buy used or like-new equipment, where prices can drop for as much as 50%. All you need to do is spend some time doing research and you will surely find what you are looking for. Don’t forget to also look for an etikettskrivere, so you can print your own labels.
Of course, your beer haven will need a home, so you need to start looking for a place big enough to hold all of your equipment, but reasonably priced so that it won’t burn a hole in your pocket. Keep in mind that you need to find a place that allows for all the changes you are going to make.
A brewery has quite peculiar plumbing and electrical needs, plus you need to ensure the ceilings are high enough. A general rule of thumb when calculating construction costs is to take equipment costs and double it. That is probably how much it’s going to cost you to ensure everything fits right.
You need to also consider storage space and a small office, where you can put your computer, blekkstråleskrivere and other equipment you need for paperwork.
Those looking to open a microbrewery are often wondering if such a small business is enough to make a substantial profit. Usually, for a 6-pack, you can charge customers around $10-15, but you need to consider the fact that, compared to other businesses, beer sells regardless of the season. This means you will be able to make a constant profit, with peaks during the winter and summer season, and also manage to cover expenses on mikrobryggeri utstyr.
In the US, microbreweries can make around 10% profit, meaning you will be able to set some money apart. Do consider the fact that, throughout the year, costs of grain can fluctuate, but even so, you will be able to set aside some money.
If you start seeing money piling up, consider reinvesting them and opening a second location, or even a completely different business, just like any smart entrepreneur will do. After all, why put all your money in the same basket?