BrewBilt Brewing Co. Submits Conceptual Plan for Phase II Brewery Facility
BrewBilt Brewing Company (OTCPINK: BRBL) has submitted a conceptual plan for its Phase II brewery/taproom/restaurant in Grass Valley, CA. The project includes a 70,000-square foot facility on a 12-acre site with a beer garden, restaurant, and a 'brewseum.' The company aims to obtain a Type 1 license to brew over 60,000 barrels annually, projecting revenues exceeding $25 million. To complete the project, BrewBilt will require additional financing. The development involves collaborations with Siteline Architecture and SCO Planning, Engineering & Surveying.
- Submission of conceptual plan for a large-scale brewery/taproom/restaurant.
- Projected revenue potential of over $25 million with brewing capacity exceeding 60,000 bbls per year.
- Additional financing necessary to complete the project.
Grass Valley, CA, Feb. 10, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today BrewBilt Brewing Company (the "Company") (OTCPINK: BRBL) announced that it has submitted the conceptual plan for its Phase II brewery/taproom/restaurant concept.
CEO Jef Lewis stated, "The Company has had several productive meetings with the City of Grass Valley and project developer Castle Companies regarding a 12-acre parcel of land to construct a 70,000-square foot commercial brewery, tap room, restaurant, beer garden, and ‘brewseum.’”
Mr. Lewis further stated, "The Company hired Siteline Architecture for design and SCO Planning, Engineering & Surveying for civil engineering to prepare the concept for the developer and for the City of Grass Valley. The company submitted the concept last week.”
For the new facility, the Company will apply for a Type 1 (Beer Manufacturer) license from the California Department of Alcoholic Beverage Control, which will allow the Company to brew more than 60,000 bbls per year with a revenue potential of over
PHASE-II CONCEPT LINK: https://www.brewbiltbrewing.com/phase-ii-site-plan
Follow us on Twitter (@BrewBiltBrewing) and Instagram (@BrewBilt_Brewing)
ABOUT BREWBILT BREWING COMPANY: (http://www.brewbiltbrewing.com)
Located in the Sierra Foothills of Northern California, BrewBilt Brewing Company is in the process of completing its brewing facility and obtaining permits that will allow it to brew craft lagers and ales with a particular focus on European-style lagers. The Company intends to offer its own lineup of craft beers as well as private label and contracting brewing services. BrewBilt Brewing grew out of BrewBilt Manufacturing Inc., an iconic company that has been handcrafting custom breweries and fermentation systems since 2014. BrewBilt Brewing's production staff consists of industry veterans that will use high quality brewing equipment and ingredients to deliver outstanding craft beer to California and beyond.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include, without limitation, the Company's ability to effectively execute its business plans; unforeseen construction delays; the Company's need for additional capital; changes in general economic and financial market conditions; changes in the competitive environment; litigation; losses, customer bankruptcy, claims and assessments; and regulatory or legislative requirements affecting the Company's business. Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.
Contact:
Jef Lewis, CEO
BrewBilt Brewing Company - BRBL
(530) 802-0036
Source: BrewBilt Brewing Company
FAQ
What is the latest update from BrewBilt Brewing Company regarding their new facility?
What is the revenue potential for BrewBilt's new brewery?
What type of license will BrewBilt need for the new brewery?
Who is involved in the development of BrewBilt's new facility?
