How to find the best distilleries for sale in Canada
Starting a distillery business from the ground up can be a long and challenging process. That's why you should consider acquiring a business that produces alcoholic beverages. It's all about finding a business with a name, reputation, equipment, and necessary facilities.
Any major company must have these things and an established foothold in North America. For example, to produce a single malt whisky, you must create a formula, produce it, and store it in large facilities for years before you can sell it on the market.
That requires substantial investments without any returns for a long time. On the other hand, if you want to invest in a wine business, look for a product that's the wine of choice for many people. However, you will need wine knowledge to produce a quality product.
There are a lot of options when it comes to producing alcoholic beverages. Start by looking at the reputation and name the business has built for itself. Consumers don't simply want to drink their favourite beverage of choice – they want an experience.
In other words, branding matters to them. For example, most people who drink single malt whisky are more successful, serious, and wealthier men. On the other hand, you will likely make the most beer sales with "regular customers."
Think about the reputation that company has built and its products. If the company makes a unique regular beer that's too expensive without offering anything interesting to customers, chances are it won't be the beverage of choice for many people.
On the other hand, if a company is known for offering cheap but quality products, it would be perfect for selling regular beer, strong beer, or light beer with a low price tag. Simply put, think about the brand and its customers. You can expect to switch to beer sales from selling exclusive wine and expect the current customers to be on board with it.
Another crucial element of a while distillery is the equipment. First, you will need a good still capable of producing the beverage categories you need. Check all the add-ons necessary to run a still, including installation, tanks, pumps, cooling systems, fermenters, mash tuns, boilers, etc.
Different beverage categories require different still, so keep that in mind as well. The basic price of a still can be really high so ensure it's in good condition unless you want to make this investment. Of course, if you would consider making this investment, look to drop the actual price of the business and ask the seller to be reasonable.
Another important consideration in the beverage industry is municipal water. Public water can fluctuate in chemical composition and minerals, so make sure the distillery has a reverse osmosis system or a UV sterilizer to help you create consistent, clean products.
Depending on the beverage industry, you also might need a lot of storage space. All malt distilleries need to let their whisky rest in large barrels that are often smoked. Malt distilleries also need robust quality control and tools that can help them test the quality of their batches.
All of this affects your decision and the product's basic price. Consider the business's ongoing costs and see how your product fits in the beverage industry. If you can't increase the selling price but will lose money if you don't, chances are it's best to look for another opportunity.
Whether you're selling strong beer, light beer, wine, or cognac, it's crucial to put the numbers down and see what makes sense. Selling alcoholic beverages is a complex business, but it's also exciting and full of joy.
You can look for distillery listings in Canada on FindBusinessess4Sale and perform searches with the most detailed filters. Look for advantages in price, location, equipment, staff, and brand image. Take your time, shortlist all interesting listings and compare them thoroughly.