Jim Estry
Saint John, IN (USA)
Role(s):
Founder/Owner/Principal
St. John Malt Brothers Inc.
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Startup
Location:
Saint John
Industry:
Food Service/Restaurant
Year Founded:
2014
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
"S" Corporation
Description:
We are a profitable Craft Brewery/brewpub in NW Indiana that opened for business February 1st 2015. our first year sales were $250K. this year, as of 12/15 we are at $910K and expect to finish the year north of $950K. We have a low debt service and have reinvested in additional equipment from the first day. The building we are currently in is going to be demolished to make way for a 21 acre commercial development district. We are planning to move into a building that will be built for us in the development. the anticipated expenses compared to the existing location, look to be close to cost neutral. we need to raise capital for the buildout and move.