Businesses for Boomers: Start a beer-related business
In my attempt to help you find that great second (or third) career, I’m continuing to look at businesses that baby boomers can start. Today it’s businesses in the beer-wine-alcohol industry, specifically microbreweries.
By the way, American Craft Beer Week was just a couple of weeks ago. Craft Brewers are “small, independent” breweries. A micro-brewer produces less than 15,000 barrels a year. The New Brewer, a publication of the Association of Brewers, says that over 2 billion (not a misprint!) pints of craft beer were enjoyed last year. That’s a lot of beer!
Another reason to start a beer-making business: It seems that beer is “recession-proof.” at least according to some analysts. I guess everyone always wants beer, and in a recession people want more of it.
How much does it cost to set up a microbrewery? It sounds like it is dependent on how hard you’re willing to work, but upwards of $500,000 for equipment isn’t unlikely.
Image source: www.newscom.com
Tags: baby boomers, Brewers Association, craft beer, microbreweriesRelated Stories
POSTED IN: Business Plan, Businesses for Boomers, Franchise opportunities for Boomers, Small Business finance and taxes, Starting Up
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