Sale - The Beer Thrillers

Anderson Valley Brewing Company Listed for Sale at $7.9 Million

B. Kline — Fri, 13 Sep 2024 15:00:39 +0000

The Anderson Valley Brewing Company is listed for sale.

Anderson Valley Brewing Company Listed for Sale at $7.9 Million

Anderson Valley Brewing Company, one of California’s iconic craft breweries, is officially on the market with an asking price of $7.9 million. The Boonville-based brewery, which has been producing beer since 1987, was listed for sale on BizQuest by Mainsheet Capital, the investment firm that acquired the business in 2019.

The sale includes Anderson Valley’s real estate, brewing equipment, and inventory. Spanning 29 acres in Mendocino County, the property is home to the world’s first 100% solar-powered brewery, thanks to its 126 kWh solar array. Anderson Valley boasts a gross annual revenue of $4.2 million, though cash flow and profitability details remain undisclosed.

This potential sale marks another chapter in Anderson Valley’s storied history. Founded by David Norfleet and Kim and Ken Allen nearly 40 years ago, the brewery was sold to Trey White and two partners in 2010, and then to Kevin McGee of Mainsheet Capital in 2019. McGee, a former attorney for Jackson Family Wines and founder of Healdsburg Brewing Company, had ambitious plans for Anderson Valley but now seeks to exit the industry, citing “owner retirement” as the reason for the sale.

Anderson Valley’s journey under McGee included a significant legal battle with the Reyes Beverage Group, the sixth-largest privately held company in the U.S. After McGee attempted to switch distributors in 2020, Reyes demanded millions in compensation for the “fair market value” of the distribution rights. When McGee refused, Reyes filed a lawsuit. In a key ruling earlier this year, the court sided with Anderson Valley, dismissing Reyes’ claims as unreasonable.

Despite this legal victory, McGee has chosen to step away from the craft brewing business. With a strong brand, solar-powered facility, and over three decades of brewing heritage, Anderson Valley could be an enticing opportunity for potential buyers.

More Information on Anderson Valley Brewing

The following comes via Untappd. Anderson Valley Brewing is a regional brewery out of Boonville, California. They have 92 unique beers and over 1.3 million ratings, with a global average rating of 3.66 (as of 9.13.24). Their Untappd description reads: “Founded in 1987, Anderson Valley Brewing Company brews hand-crafted, authentic beers with balance, complexity, and an unwavering commitment to sustainably producing world-class beer at its 30 acre Beer Park in Boonville, CA. As the World’s First Solar Powered Brewery, AVBC leads the craft beer industry as pioneers in responsible brewing and innovators in environmental sustainability practices. Anderson Valley Brewing Company beer is available in 40 states and at its taproom in Boonville, California. Learn more at AVBC.com. ”

You can follow them at these social media platforms:

Anderson Valley Brewing – Official Website
Anderson Valley Brewing – Facebook
Anderson Valley Brewing – Instagram
Anderson Valley Brewing – Twitter
Anderson Valley Brewing – Untappd

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MAPS OF BREWERIES

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Hysteria Brewing Is Currently Up For Sale

B. Kline — Fri, 16 Feb 2024 23:30:29 +0000

Hysteria Brewery Taproom

Hysteria Brewery’s For Sale

Are you in the market for a new brewery? Because Hysteria Brewing Company is currently up for sale. Currently listed on TransWorld: Hysteria Brewing Company for Sale. Currently the asking price is $699,000 with a down payment of $200,000.

Hysteria Brewing Company’s Columbia Taproom is located at 9570 Berger Rd Suite J, Columbia, MD 21046. You can visit Hysteria Brewing Company at their website here: Hysteria Brewing Company Official Website.

April of last year – the Smoketown Creekside location in Frederick, MD was put up for sale: Smoketown Brewing (Creekside) Selling Operations. This location is now RAK Brewing.

Full Listing

You can read the full listing here:

Into Home Brewery? Always wanted to own your own bar? Want to be a business owner? This is the business for you!

Hysteria Brewing Company

This brewery and bar is located in Columbia / Howard County, Maryland.
9570 Berger Road
Columbia, MD 21046

This is an asset sale and the price is less than it would be to start up your own!

Motivated sellers with a portion of seller financing available for the right buyer.

Listing Details

- Price: $ 699,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 0
- Location: Howard County, Maryland

Inventory: $ 0
FF&E: $ 0
Employees:
Reason for Selling: Other Business Opportunities
Category: Liquor Related Biz

TransWorld – Business Advisors: Hysteria Brewing Company Sale

Maryland Beer Drinkers Group

Always a group to tell you as it is – the Maryland Beer Drinkers Facebook Group had a lot of interesting discussion about the sale. You can read the comments, questions, and thought provoking “gossip” here: Maryland Beer Drinkers Club (Hysteria Brewing Company – Cole’s Post). The 100+ comments gives a pretty detailed discussion on why Hysteria Brewing is currently selling.

As more information comes up, like a potential buyer (or when / if it sells), we will post it here. So stay tuned.

Hysteria Brewing Company

Other articles involving Hysteria Brewing Company:

Brewfest for MS

For more information on Hysteria Brewing Company. The following comes via Untappd.

Hysteria Brewing Company is a micro brewery from Columbia, MD. They have 364 unique beers and over 80,000 ratings, with a global average rating of 3.78 (as of 2.16.24). Their Untappd description reads: “Established 2017 in Columbia, Maryland. Insanely full flavored beer. Incredibly drunk, yet professional, but still pretty drunk, dedicated people making said full flavored beer. #EffYeah ”

You can find them on the following social media pages:

Brewery News

Interested in finding out about many other brewery openings, new locations, closings, movings, and in general brewery news? You can check out our links below:

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If you like this article, please check out our other many articles, including news, beer reviews, travelogues, maps, and much much more. We greatly appreciate everyone visiting the site!

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MAPS OF BREWERIES

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The Beer Thrillers are a blog that prides itself on writing beer reviews, brewery reviews, travelogues, news (especially local to the Central PA brewery scene), as well as covering other topics of our interests – such as hiking, literature and books, board games, and video games which we sometimes stream with our friends over at Knights of Nostalgia. We are currently listed as #7 on FeedSpot’s “Top 100 Beer Blogs” and #8 on FeedSpot’s “Top 40 Pennsylvania Blogs”. (As of January 2023.) Thank you for reading our site today, please subscribe, follow, and bookmark. Please reach out to us if you are interested in working together. If you would like to donate to the blog you can here: Donate to The Beer Thrillers. Thank you!

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Penn Brewery Announces Sale and Retirement

B. Kline — Tue, 09 Aug 2022 13:20:51 +0000

Penn Brewery’s Owners – Sandy Cindrich, Corey Little, and Linda Nyman announce their sale and retirement. (Photo courtesy: Penn Brewery’s Facebook page)

Penn Brewery’s Sale

Today on Facebook, Instagram, and other social media, the owners of Penn Brewery (in Pittsburgh, Pennsylvania) – Sandy Cindrich, Corey Little, and Linda Nyman; announced their sale and upcoming retirement. They announced the sale was to Stefan Nitsch. Stephan Nitsch is described in their post as a Pittsburgh based businessman and owner of Arkham Realty. Their post on their social media also announces their retirement after thirteen years of running the brewery.

Their post reads:

Big news! Penn Brewery’s owners – Sandy Cindrich, Corey Little, and Linda Nyman – are pleased to announce the sale of the company to Stefan Nitsch, Pittsburgh-based businessman and owner of Arkham Realty. After thirteen years helming the Brewery, Sandy, Linda, and Corey plan to retire.
Sandy noted, “In an era when so many small and mid-sized breweries are being bought up by large corporate entities, it was critical that as a ‘quintessentially Pittsburgh’ institution, Penn Brewery remain locally based and independently owned.”
Having spent his childhood in Austria and Switzerland, and his adulthood in Pittsburgh, Stefan says, “I’m a huge fan of Penn’s “Euro-Pittsburgh” branding and look forward to bringing it to the next generation of Penn consumers.”
Let’s raise a glass to Stefan! Stefan Wolfgang Nitsch Arkham Realty and Property Management
Penn Brewery – Facebook Post

Penn Brewery

(The following statistics comes from the Penn Brewery Untappd Page.) Penn Brewery is a micro brewery from Pittsburgh, Pennsylvania. It has 163 unique beers with a global average rating of 3.48 and over 178 thousand ratings. Their Untappd description reads: Pittsburgh’s oldest and largest brewery, Penn is housed in the mid nineteenth-century landmark E&O Brewery Building in the North Side’s Deutschtown neighborhood, which was settled by German immigrants. Penn has been producing high-end craft beers since 1986, specializing in authentic, award-winning German-style beers brewed in the tradition of these immigrants, according to the strict quality standards of Reinheitsgebot. Our beers’ great taste comes from real German hops and two-row barley, with no added corn or rice fillers. Penn Brewery is proudly independently owned and operated.

Penn Brewery (Photo Courtesy: Wikipedia)

From Wikipedia: Penn Brewery, also known as the Pennsylvania Brewing Company, is a brewery and restaurant in Pittsburgh, Pennsylvania. It was founded by Tom Pastorius in 1986, and is located at 800 Vinial Street in the Troy Hill neighborhood of Pittsburgh, on the site of the former Eberhardt and Ober Brewery (founded in 1848).

2009 Closure

“On January 2, 2009, Birchmere ended beer production at the Vinial Street location and laid off 8 of the 10 brewery employees. All production was outsourced to the Lion Brewery in Wilkes-Barre, PA. The restaurant was scheduled to close February 28, 2009, but a last-minute agreement allowed it to remain at its current location for the next five years.
On August 19, 2009, Birchmere announced the indefinite closing of the Penn Brewery Restaurant.
Penn Brewery – Wikipedia

Subsequent Re – Opening

On November 23, 2009, Penn Brewery issued a press announcement indicating that a small group of local investors, had acquired Penn Brewery from Birchmere Capital, under undisclosed terms, and that the original owner would be returning to lead a restart of brewing at the Vinial Street location, as well as an eventual reopening of the restaurant.^[2]
On December 8, 2009, brewing officially resumed at the E & O facility, with the first mashing occurring at 10:20 AM. December 30, 2009 at 4:00 PM marked the first beer tasting of the new era of Penn Brewery.
On December 30, 2009 the Penn Brewery Restaurant opened for a “sneak peek” preview of the beers. Festivities were open to the public and the response was incredible.^[3]
In February 2010 a new kegging line was installed, and on February 17, 2010, the first kegs of locally brewed Penn Brewery beer were released to wholesalers.
Penn Brewery – Wikipedia

Pittsburgh

It’s good to see the brewery taking on new ownership and continuing to live on. With more and more breweries closing due to COVID and other issues (like the recently announced Newfangled Brew Works closing) its good to see older staples like Penn Brewery continuing to live on.

Amy and myself just came back from a trip that included Pittsburgh, but sadly we didn’t stop at Penn Brewery. In 2019 my daughters and I also had a road trip which included Pittsburgh, and we went by Penn Brewery but they were closed. Pittsburgh is a great city with a lot (read: a ton) of breweries, so if you are ever able to – make sure to get out there and check out the city and all the great breweries! You won’t be disappointed.

Articles about those trips:

Also check out:

BREW: The Museum of Beer (Pittsburgh, PA) – Is Set to Launch Their Online Exhibit

For More Information on Penn Brewery

Other News and Closings

We have covered many brewery openings, expansions, closings, and other news here on the blog. Be sure to check out all the various articles we’ve written below.

Thanks for reading, and be sure to check out other brewery openings and other brewery news recently:

Thanks For Reading

Thank you all for reading. As I said in the article its great to see this long living brewery continue on. The building is a beautiful building and its a wonderful brewery with some fantastic beers, and is a staple of Troy Hill in Pittsburgh. So its so good to see them continue on and prosper. Likewise, hope the owners of Penn Brewery – Sandy Cindrich, Corey Little, and Linda Nyman – enjoy their retirement.

We have lots of articles popping up about our trip out to Cleveland, Canton, and Pittsburgh, so be sure to check those out. As well as lots of other things going on, like our ad agreement with MICET Group and lots of other fun beer reviews, brewery reviews, book reviews, and more. So please subscribe and follow.

Cheers and thanks all!

-B. Kline

You can check out our different directories here: Beer Reviews, Hike Reviews, Book Reviews, Brewery News, Brewery Openings, Brewer Interviews, and Travelogues.

Please be sure to follow us on our social media accounts – Facebook, Facebook Group, Twitter, Instagram, YouTube, and Influence. Please be sure to also follow, like, subscribe to the blog here itself to keep updated. We love to hear from you guys, so be sure to leave a comment and let us know what you think!

The Beer Thrillers are a blog that prides itself on writing beer reviews, brewery reviews, travelogues, news (especially local to the Central PA brewery scene), as well as covering other topics of our interests – such as hiking, literature and books, board games, and video games which we sometimes stream with our friends over at Knights of Nostalgia. We are currently listed as #7 on FeedSpot’s “Top 100 Beer Blogs” and #9 on FeedSpot’s “Top 40 Pennsylvania Blogs”. Thank you for reading our site today, please subscribe, follow, and bookmark. Please reach out to us if you are interested in working together. If you would like to donate to the blog you can here: Donate to The Beer Thrillers. Thank you!