{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Start A Brewery Podcast","title":"026 - Purchasing an Existing Brewery: Financial Options & Challenges","html":"","width":"100%","height":180,"duration":3479,"description":"Finance is always a critical component of business discussions, and this is no exception. We talked about the numbers in episodes 19, 20 & 23, and we do so again here with Purchasing an Existing Brewery. Our guests address determining the value of an existing brewery, what kind of financial due diligence they would recommend, how an existing business can shift the focus of the SBA and lending institutions, and more. Coming from three different spaces in the craft beer industry, Derek Wasak of Plato Brewing & Consulting, Kary Shumway of Beer Business Finance, and Scott Birkner of Dogwood State Bank share their thoughts and experience around navigating the financial aspects of purchasing an existing brewery in today’s market. Derek Wasak, Founder & Managing Director, Plato Brewing & ConsultingWith over 15 years of brewing industry experience, Derek Wasak can help you start up, expand and succeed. He has worked at and with breweries, brewpubs, and start ups of all sixes from 3 – 120bbl brew houses and cellars from 2-100+ Fermenters.With a specialization in start ups, equipment selection, facility design, and advising breweries of 5000 barrels or less, Derek has the knowledge, skills, and experience to help your brewery in planning.Derek has spent the last 11 years as head brewer and director of operations at smaller breweries where he has designed and built out entire brewing facilities, beer portfolios, managed operations, and distribution on a day to day basis. In 2020, he made the decision to step away from brewery operations to start Plato Brewing, utilize that experience to pursue consulting full time, and help breweries plan their businesses. Derek is passionate about what he does and enjoys helping others realize their dream of opening a brewery.Kary Shumway, Founder, Craft Brewery Financial Training & Beer Business FinanceKary is a CPA, former CFO for a beer distributor, and current CFO for Wormtown Brewery in Worcester, MA. He has worked in the beer...","thumbnail_url":"https://img.transistorcdn.com/mKBdJYVabSNsLqYhk3_Ususakz0hdqSYqyH1sQt8kIo/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzM3MzY4LzE2NzI0/MTM3MDItYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}