2024 is the best time to start a brewery

I think this is the best time to start a brewery. Not because it is the best time for a profitable business, but there are so many breweries that are interested in selling, you could get one heck of a deal.
In this video I go over a conversation I had with another brewery owner that is interested in selling and how I think this is a huge opportunity for brewery owner hopefuls.
Survey link here:
app.polling.co...
Cheers
Tanglefootbrewing.com
Instagram: @Tanglefootbeer
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Tanglefoot Brewing started as a tiny brewery in Temple, Tx in 2021. I started this KZbin channel to document the growth of a small brewery. After 3 years of ups and downs I finally decided to shut the doors in June of 2024. Although the physical space is closed, I am continuing to keep the brand alive and the KZbin channel going strong. Keep following the journey as I try to figure out what I am doing with my life.

[@HOMEBREW4LIFE]

Solid take braj! Lets stream it up soon

[@tanglefootbrewing]

I'm always down 🍻

[@bobsesto]

big fan of yours, your a great brewer keep on trucking brother!

[@tanglefootbrewing]

Thank you!

[@preuc3367]

I have a brewery already. A home brewery. Best time to start a home brewery is now

[@tanglefootbrewing]

@preuc3367 good time for that too 🍻🍻

[@damc7456]

RDWHAHB

[@treyokelly9662]

Not that I'm in a position to own a brewery now or even in the next several years, but this kind of outlook refreshes my daydreams lol i have no grandiose illusions of national branding or even getting rich, but I fantasize about a very small local brewery to make a living at and brand thats enjoyed by my hometown people. Perhaps that's just as grand a dream in that aspect, sure, but I think there's plenty of folks out there still in love and passionate about brewing.

[@willie1967]

Hi Andy. What are your thoughts on 30 minute mash and 30 boil being enough as the modern malts are highly modified?

[@EMPERORDEATX]

What are your numbers telling you?

[@willie1967]

Perfect as long as I don’t use less modified Floor malts.

[@tanglefootbrewing]

@willie1967 30 min mash = fine 30 min boil = no way Any pilsner malt base beer should be 90 min, not worth the risk of having DMS in the finished beer.

[@willie1967]

Thanks. Not had any DMS in the five 30 pilsners I’ve done with this method but I think I will bump up to 60. In boil as I’ve probably just been lucky up till now.

[@tanglefootbrewing]

@willie1967 could be you have a great boil too. Just my rule of thumb! Better the 90 mins up front for me than a month of lagering 🍻

[@MrJaytee617]

Are those older breweries built for what owning a brewery in 2024 is though? Owning a brewery 10+ years ago = creating a flagship brew and maybe 5-6 other solid offerings. Try to get tap lines in other bars/restaurants and shelf space in stores, and do enough volume to supply them. People came to your brewery every other Saturday for 3 hours from 1pm-4pm for a tour and tasting. Owning a brewery now = have a big taproom and food and events to get people in every day. Become known for something (lagers/IPAs/stouts) instead of a single flagship and do a few others well. Sell only in your taproom, whether it be draft or cans to go. Make lots of small batches/one off beers to get people coming back for whatever is new.

[@tanglefootbrewing]

@MrJaytee617 that is definitely a consideration but there will always be people wanting to make 60bbls of beer for distro in spite of the challenges. If that's you, there is opportunity with equipment/built out space that could be available soon/now.

[@Doctor_Al]

So, what would be the purpose of this business? I've been running a nonprofit for a long time. We don't make money, but we have a purpose and a mission. We have a reason to go to work each day. A for-profit business without the purpose of making a profit is a rudderless ship, maybe an expensive hobby. I'd be happy to learn something new. Not criticizing, I just don't quite understand.

[@tanglefootbrewing]

@Doctor_Al there's lots of missing context for sure. But the main point is lots of folks start breweries with the knowledge that it might not make any money and still do it(call it unwise but it happens all the time) , if that's you, there is a lot of opportunity out there to buy turnkey breweries cheaper than ground up builds.

[@mattjones7406]

I think what you are trying to communicate is that you can churn out a reasonable living running a small brewery, but growth is limited. The business itself does not produce a huge profit, but the owner/operator can take a salary. But you are right, it needs to be your passion. I would be concerned buying an existing brewery. If it's not so profitable, what are you buying, other than equipment, assumption of a lease, and disgruntled employees? Your personal story is not very convincing, being done after 12 years in the business and running your own brewery for a few of those years. I think you should take a break, regroup, then double down, start again. You are only 12 years in.

[@itznolimitz]

This seems like an absolutely horrible time to try and open or purchase a brewery for the reasons you mentioned. I don't think craft or micro breweries are going to make a big comeback, we'll see some stick around but they wont be like they were 10 years ago. This next generation will have marijuana dispensaries on every corner similar to how our generation had craft breweries and coffee shops on every corner.

[@tanglefootbrewing]

@itznolimitz the main point is if you are going to start a brewery in spite of it not being a grear business to get into(happens frequntly in this industry), there is big opportunity to buy breweries for way less than you could start a new one.