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9 Prestige Cir
Allen, TX 75002
Nine Band Brewing Co. · Retail Property For Sale
PROPERTY FACTS
ABOUT 9 PRESTIGE CIR , ALLEN, TX 75002
Nine Band Brewing Co. ( Property ) is an 8,100 SF brewery and tap house, sitting on approximately 1.42 acres in Allen, TX. Current production capacity is 10,000 barrels; however, the brewery has the ability to grow to 50,000 barrels a year within the current location. With the high cost of equipment, the Property has inherent value due to the barriers of entry into the industry. Nine Band Brewing Co. was the first microbrewery to open in Allen, TX and since its inception, has grown from three craft beers to nine. It currently has over 800 accounts, with Ben E. Keith being its primary distributor. As-is, Nine Band can reach up to $2,400,000 in annual sales if operating at capacity, and over the last couple of years, sales have been exceeding projections and have doubled in 2016. The Company is in prime position to grow and within 24 months, ownership expects to add more fermenters, which could increase capacity to $12,000,000 in annual sales.
PROPERTY TAXES
| Parcel Number | R-1853-000-0020-1 | Improvements Assessment | $1,627,415 |
| Land Assessment | $432,986 | Total Assessment | $2,060,401 |
PROPERTY TAXES
