JLL Hotels & Hospitality Group is thrilled to offer for sale the freehold going concern interest in the Mildura Brewery & Pub, Mildura via Executive Greg Jeloudev and Managing Director John Musca.
This impressive hospitality facility presents a fantastic opportunity to capitalise on the established modern infrastructure created by the current operators Broo Ltd. The venue includes an enormous asset register of commercial brewing equipment including a fully operable front of house bar, restaurant and function facility. The venue provides astute hospitality operators a cost-effective method to immediately commence brewing and includes a total investment outlay from the current vendors of approximately $9 million. The facility is being presented to market at a lucrative price point of $7 million.
The onsite bar and restaurant enable patrons to fully immerse themselves within the venue and enables scope for a highly sought brewhouse hospitality experience. The brewing potential includes a complete end-to-end production facility which includes grain silos, brewing tanks and packaging machinery. Accompanying the tangible assets is a valuable General Licence approved for 729 on-site patrons which provides scale and loads of events potential.
Mildura Brewery & Pub boasts an annual brewing capacity of 1.7 million litres and includes a bottling facility capable of producing 2,400 bottles per hour. There is an extensive bar with 28 glycol-cooled taps all set within a grand award-winning fully restored and coveted Art Deco building. The facility is situated on 950sqm level block and has an approximate building area of 1,250 sqm.
Key brewing inventory include brewhouse complete with grain silo, 5 x uni-jacketed fermenters, jacketed glycol temp tanks, keg filler and associated conveyer equipment, and Framax 16-head filler with head bottle rinsing station.
Selling agent Greg Jeloudev notes, “The Mildura Brewery & Pub offers an opportunity to create a quality food and entertainment proposition alongside a brewing brand to eventually launch wider distribution.”
The continued popularity in craft beer has seen strong annual industry growth of 6.2% with a notable shift towards premium beers. The rise of retail craft beer sales has also grown 28% in the previous 12 months, including independent and private label brands.
With significant M & A activity within the sector, including the well documented acquisitions of Balter Brewing Co., 4 Pines and Pirate Life, Mildura Brewery & Pub offers a unique, affordable platform and trading space to launch a special craft brewing brand and enterprise.
Mildura Brewery & Pub presents a fantastic opportunity rarely seen in the modern micro brewing landscape. The ability to immediately capitalise on the existing infrastructure presents a cost-effective opportunity to create a highly desirable brewhouse hospitality offering.
The Mildura Brewery & Pub is being offered for sale via Private Treaty.