Craigslist, along with cars and concert tickets, is now offering a Chicago Brewery called Argus Brewery. The brewery is located in Chicago’s far South side and stopped operating in late March. Now it is available for $2.5 million on the internet market.
Sale List
The sale comes with the following:
1) 9,700 Sq. Foot Building In The Roseland Neighborhood
2) Brewing Equipment
3) Furniture
4) Electronics5) Delivery Van
6) Argus’ Intellectual Property
As per to the Craigslist listing,
brewery can produce 10,000 barrels of beer annually but Argus never approached
and this made it a “perfect turnkey operation.”
Before The Brewery
Earlier, the building used to be
a horse stable for the Schlitz beer company, a relic of when beer “was
distributed by horse drawn wagons and sold in lard-line buckets in one of the
nation’s first planned industrial communities,” according to the posting.
The founder of the brewery, Bob Jensen was
trying to sell out the brewery since April 2020 as it was starting to get some
interest. He bought the building as an investment and built the brewery in
2009. It faced lot of obstacles in running successfully for several years but
eventually won medals at prominent beer competitions.
He said that he wasn’t aware of the posting
and his real estate agent would’ve made the listings. He shared that he had an
offer from two current breweries in Chicago area and three different business
people, keen to get into the beer business.
Reason For Selling
The decision of selling out the brewery is an unprecedent hit from coronavirus and adding to that Jensen said that brewery wasn’t doing good. The sales were slow and they were unable to land on a ground for competing in the beer market. All of this pushed him into putting the brewery out for sale.
Written By - Somya Jain
Edited By - Keerthana Lakshmi
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