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Brewery For Sale
Location Latvia
Asking Price Range $5.0M - $10.0M
Gross Revenues $99999
Net Profit / Cash Flow $99999
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1981
Number of Employees 35 - 49
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Description City: Latvia
Country: Latvia
Currency & price: Eur 4,200,000
Description: brewery was founded in 1981. Brewery has old tradition (1872).
The company is in strategically good place (60 km from Riga, border on the European highway) in the center of the old city on river bank. Buildings are constructed as the castle, the big cellars, the big arches and a beautiful courtyard.
Total area of the factory - 8,000 sq.m., the land - 7,000 sq.m.
In 2005 has been reconstructed and is in a good condition.
Now business works only on 20 %-25 % from a total area (100-110 tons of beer a month are produced). In an end stage there is one more cellar for beer, which will be placed in operation to increase capacities of manufacture of beer to 250 tons a month. There is possibility to develop business manufacture of beer to 600 tons for a month as capacities and the electric power, raw materials for manufacture allows making it. The factory has a small logistics and service of sales. Concluded more than 300 contracts on delivery (shops, bars etc.)
Now the company produces five sorts of light beer and one sort of dark beer, and also qualitative potable water and kvass. There are all permissions to alcoholic drinks and cocktails for manufacture. Because the company is near the European highway, it has a great interest for tourists.
Since the dawn of the company its brewers were true (and are today) to classic brewing technology, thanks to which brewery has earned place on store shelves and in hearts of people.
Company's non-alcoholic malt beverages are produced in accordance with formula and with technology, which forms the basis for stable, loved by people and, the most important, very healthy drink. Company is proud of the fact that no product produced by it contains preservatives. Contact for more information on this brewery for sale.
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