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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

After 25 years, and the founder's retirement, Goddards Brewery is for sale

Ryde, Isle of Wight
Leasehold Price:
£1,100,000
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Status
SOLD / WITHDRAWN
Advert ID
215612

Details

The business is profitable, and the potential for future growth is substantial. It is also a fun business with first-class employees.

Every 36 seconds last year, a pint from Goddards slipped deliciously down someone's throat. In 25 years over 10 million pints have been brewed - that's enough in pint glasses to stretch from London to Prague, or the brewery in Ryde to the southern tip of the Shetland Isles, if you prefer!

Goddards Brewery's annual output has grown at an average of 10.6% compound since being formed, and 6.4% compound over the last 10 years (source: Excise Duty returns). Total brewery output in volume terms for the four years since 2014 has risen quite sharply from just under 4,000 Hl to 4,770 Hl (840,000 pints) in 2017 largely as result of contract brewing and bottling for other breweries.

The brewery plant has a brew-length of 22.5 barrels, and includes 8 fermenters/conditioning tanks. There is a brand new (2017) £150,000 SALSA accredited bottling line.

For sale in the region of £1.1 million. Further details via the website: www.goddardsbrewery.com.

Listing Details
Leasehold Price: £1,100,000
Tenure: Leasehold
Sector: Brewing Businesses, Food And Drink
Financials
Annual Turnover: £700,000
Annual Net Profit: £17,000
Key Features
  • Large Business for Sale
  • Retirement Sale
  • Unique Business
  • Owner Financed
  • Attractive Business
  • Established Business
  • New Lease
Particulars / More Information
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SOLD OR WITHDRAWN FROM THE MARKET
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