TYNE BANK BREWERY LIMITED

TYNE BANK BREWERY LIMITED

TYNE BANK BREWERY LIMITED

Tyne Bank Brewerys growth has been based on our strong brand and focus on quality craft beers. This has led us to outgrow our current premises in under 5 years. Instead of just moving to another slightly bigger unit we want to seek investment, be ambitious and significantly scale up production.

The idea

Tyne Bank Brewerys growth has been based onour strong brand and focus on quality craft beers. This has led us to outgrow our current premises in under 5 years.

Instead of just moving to another slightly bigger unit we want tobe ambitious and significantly scale up production. We have identified a new building which we feel is perfect for a visitor attraction brewery with the addition of a craft beer tap room and event space. It also has space to house a kegging, bottling and canning line.

Our own experience in the market suggests a shortage of short run canning capacity and as such we envisagethis new arm of the brewery becoming very successful. The business plan assumes continued growth in existing sales streams, on line and export sales along with incremental growth generated by onsite sales from the craft tap room and event space. We are forcastingturnover to increase from 342k to 1.3M in 2020 with a NP of18%.The packaging line wouldincrease that turnover even further to 1.7M with a NP of 19%.

Tyne Bank are seeking to raise 150k to contribute towards the cost of our plans; to refit the building, relocate equipment, upgrade and expand the existing brewery. In addition fit out the tap room and events space and install the bottle, keg and canning plant.

Summary:
Tyne Bank Brewerys growth has been based on our strong brand and focus on quality craft beers. This has led us to outgrow our current premises in under 5 years. Instead of just moving to another slightly bigger unit we want to seek investment, be ambitious and significantly scale up production.
See Campaign: https://www.crowdcube.com/tyne-bank-brewery-limited
Contact Information:
TYNE BANK BREWERY LIMITED

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Source: icnw

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