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Located in the picturesque Sierra Foothills of Northern California, BrewBilt Brewing Company (OTCPINK: BRBL) is renowned for producing a premier line of craft beers. Originally an offshoot of BrewBilt Manufacturing Inc., which has been handcrafting custom breweries since 2014, BrewBilt Brewing has rapidly established itself as a leader in the craft beer industry. The company prides itself on utilizing high-quality, regionally sourced ingredients, including local malt, premium hops, and pristine water, to create distinctly satisfying beers that reflect a blend of European brewing traditions and American craft innovation.
BrewBilt Brewing's core lineup includes award-winning brews such as the Munich-Style Helles Lager 'Brain Bypass' and the Kolsch 'Party Eyes'. These beers have not only earned prestigious accolades, like the Gold Medal at the 2023 California State Fair Commercial Craft Beer Competition, but have also garnered a loyal following among consumers.
In terms of market presence, BrewBilt Brewing has achieved significant growth in a short period. Since selling its first commercial beer in July 2022, the company has expanded its customer base to include 260 retail outlets within a 100-mile radius of Grass Valley, spanning big-box retail grocery stores, historic hotels, restaurants, bars, liquor stores, and taprooms. Notable retail partners include Albertsons/Safeway and Grocery Outlet stores. The company's projection is to expand to 800 customers by Q2 2025, representing significant growth in both distribution and revenue.
Further enhancing its market presence, BrewBilt Brewing recently opened a new taproom, BrewBilt BrewHaus, in downtown Nevada City, CA. This venue offers customers a unique experience to enjoy BrewBilt's core beers and limited-release seasonals in a welcoming environment. The taproom's success is expected to contribute an additional $2 million in revenue within its first 18 months of operation.
Financially, BrewBilt Brewing has demonstrated robust performance. As of Q2 2023, revenues surged by 50% per quarter, with assets increasing by 12% to $2.25 million. The company is now cash-flow positive with a diversified revenue stream from both commercial sales and the BrewHaus taproom.
Leadership at BrewBilt Brewing is committed to continuous growth and innovation. With a dedicated team of industry veterans and the strategic guidance of CEO Bennett Buchanan, the company aims to maintain its trajectory of expansion. The recent appointment of Adam Eisenberg to the Board of Directors underscores BrewBilt's focus on leveraging expertise for sustained growth.
As a community-centered brewery, BrewBilt Brewing actively participates in local events and philanthropy. The company's sponsorship of the Grass Valley Brew Fest and its recent '2023 Business of the Year' award from the Grass Valley Downtown Association are testaments to its community engagement and business excellence.
For more information, follow BrewBilt Brewing on social media or visit their websites at BrewBilt Brewing and BrewBilt BrewHaus.
BrewBilt Brewing Company (OTCPINK: BRBL) has announced the expansion of its online sales for craft beers, leveraging existing retail contracts with Albertsons/Safeway and Grocery Outlet. CEO Jef Lewis highlighted the growing efficiency of e-commerce in the beer industry, as consumer interest in direct-to-consumer purchases rises, with a reported 92% of regular craft beer drinkers willing to buy beer online monthly. BrewBilt's sales have surged over 330% since production began in July 2022, and the company boasts an 80% customer retention rate. The firm plans to finalize its franchise hospitality contract and file audited financials for 2022.
BrewBilt Brewing Company (OTCPINK: BRBL) announced significant year-over-year growth, reporting a 60% increase in assets and a 54% increase in sales. The company sees potential for substantial revenue growth through franchise agreements, supported by a strong demand for craft beer, with retail sales reaching $26.8 billion in 2021. BrewBilt aims for profitability by Q3 2023, driven by a monthly sales growth rate of 57% and plans to expand outlets with Albertson/Safeway. CEO Jef Lewis highlighted ongoing negotiations with a hospitality firm for franchise expansion, emphasizing the company’s growth trajectory.
On February 2, 2023, BrewBilt Brewing Company (OTCPINK: BRBL) announced a strategic partnership to distribute its craft beers in premier entertainment venues nationwide. Chairman and CEO Jef Lewis confirmed that this partnership will begin with breweries in California and Florida, targeting around 40 locations that are expected to generate approximately $130 million in revenue. This development is set to bolster BrewBilt's craft beer production and revenue streams.
Additionally, BrewBilt is highly rated on the craft beer rating site Untappd.com, enhancing its market positioning.
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