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Hoakie82

Joined: 01/01/2005 Posts: 23381
Likes: 6319


If you consider the growth in the craft beer industry, I’ve been surprised


At the premium prices craft beers continue to command. I would’ve thought the competition would’ve caused the prices to drop a little more. I wonder if this announcement I copied from Channel 13 News about Green Flash Brewery is a sign things aren’t as rosey as perceived.

VIRGINIA BEACH, Va. (WVEC) -- Less than two years after opening, a Virginia Beach microbrewery is searching for a new owner.

San Diego-based Green Flash Brewing Co. put its Virginia Beach brewery up for sale on Saturday. Auction service Heritage Global Partners has a listing for the facility on its website , advertising it as "an amazing turnkey opportunity for a 1-year-old 50 barrel brewery operation."

The Virginia Beach location has only been in operation for a little more than a year, having its grand opening back in November of 2016 .

From 2014: California brewery breaks ground on Va. Beach location

The $20 million craft brewing facility includes a 58,000-square-foot brewery, a tasting room, a beer garden, and a private event room and garden.

Craft beer news outlet The Full Pint reports Green Flash has struggled financially in recent months, reducing their workforce while reportedly trying to keep their operations afloat.

In January, Green Flash announced it was planning to focus on its distribution areas around its core facilities in California .

No official announcement has been made about the fate of the Virginia Beach location and its local Facebook page is still active .

Follow 13News Now on Facebook and Twitter

Posted: 03/24/2018 at 4:32PM



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Current Thread:
  Know a couple of people that own a microbrewery -- Hokie1992 03/24/2018 5:16PM
  Absolutely see some consolidation... -- `lag 03/24/2018 6:52PM
  Also to develop a huge distribution network -- `lag 03/25/2018 09:32AM
  DB IS a local craft beer ** -- 133743Hokie 03/25/2018 3:20PM
  Ya yhink? ** -- 133743Hokie 03/25/2018 3:40PM
  Which means microbreweries hold a huge -- Hokie1992 03/24/2018 5:21PM
  ...drove past there this afternoon... -- chumley 03/24/2018 4:43PM
  Agreed ** -- Stork 03/24/2018 5:54PM
  Too fast? That’s their second location...lol ** -- EDGEMAN 03/24/2018 5:45PM
  Too fast. Look into it. ** -- CPRVHokie 03/24/2018 6:10PM

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