First casualty from COVID-19

Discussion in 'South Atlantic' started by Miles_in_beer_city, Apr 21, 2020.

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  1. Miles_in_beer_city

    Miles_in_beer_city Pundit (982) Jun 18, 2014 North Carolina

    Seems we have our first local casualty from the C-19 shutdown.

    Fermented Nonsense which started out of Craft Centric Taproom in the south Asheville area. They were a small operation, but produced some excellent brews.

    They were just about to pull the trigger on expansion of the brewery, and to also become a distillery, and calling themselves a Brewstillery. Then C-19 and the statewide shutdown of all resturants, bars, taprooms, etc.

    I have head this from several people, and their facebook, twitter, and instagram links all say the account doesn't or has been removed, but otherwise have seen nothing concrete.

    https://www.ncbeerguys.com/craft-centric-taproom-to-re-brand-as-fermented-nonsense-brewstillery/
     
    #1 Miles_in_beer_city, Apr 21, 2020
  2. FrankenMiller

    FrankenMiller Savant (1,194) Mar 5, 2014 Florida
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    If they were getting ready to expand, that means they had money in the bank or an open loan.
    I think they were not as financially healthy as they should have been. Specaily if they were planning an expansion. I bet they used Covid as a cover for being bad at business.

    A local brewery here in Orlando is actually selling more beer via to go only than they did when the taproom was open. Margins are down slightly but they are still making money.
     
    #2 FrankenMiller, Apr 21, 2020
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  3. Joehio

    Joehio Initiate (0) Sep 7, 2016 Florida

    Not really fair to call them bad at business. But I agree planning an expansion is a bad idea if your first location can’t handle 2 months of bad sales **sanford brewing**. Asheville relies a lot on beer tourism and no one has been traveling the last couple months. The breweries in Orlando aren’t supported by tourism since as you know the parks are so far from the real Orlando.
     
    #3 Joehio, Apr 21, 2020
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  4. Miles_in_beer_city

    Miles_in_beer_city Pundit (982) Jun 18, 2014 North Carolina

    They may have HAD money in the bank, or a loan, but it is tied up on equipment and additional resources for their expansion.

    They do not have canning capabilities, they don't distribute, or can't because restaurants, etc. are also closed. Wrong place (extended financially), wrong time (pandemic).

    The Orlando brewery may be more selling more beer out the door than the taproom traffic, but what about the distribution to bars, taprooms, restaurants, etc.?

    Breweries here are also moving a lot of beer with drive-by sales, but the overall volume of beer out the door is down because keg sales is virtually zero. Some are offering specials on kegs and sixer's, as low as $40 for a sixer. Wish I had a kegerator.
     
    #4 Miles_in_beer_city, Apr 21, 2020
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  5. FrankenMiller

    FrankenMiller Savant (1,194) Mar 5, 2014 Florida
    Trader

    The brewery in question does not normally send much into distribution. They do can a few times a year via mobile canning.

    Maybe its just survival of the financially fittest ...... I know (years ago) when my family decided to open a second bar location we made sure we had 6 months of cash on hand to run the original location along with the capital to open the second. sucks someone lost their dream but I am sure there are 4 or 5 more that will try to realize their dream in the future.
     
    #5 FrankenMiller, Apr 22, 2020
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  6. Miles_in_beer_city

    Miles_in_beer_city Pundit (982) Jun 18, 2014 North Carolina

    #6 Miles_in_beer_city, Apr 23, 2020
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  7. treznor

    treznor Pooh-Bah (1,814) Dec 20, 2006 North Carolina
    Pooh-Bah Trader

    Never even heard of them. Granted I don't live in Asheville, but get there fairly frequently. And they aren't on @Miles_in_beer_city 's Asheville brewery list (that I use to make sure I haven't missed an opening). Hate it for them though.
     
    #7 treznor, Apr 25, 2020
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