The craft beer industry is rapidly growing, with the number of craft breweries in the United States hitting an all time high of over 6,000 this past year. Brewmaster is a documentary that “tells the story of the rise of craft beer through two young men pursuing their dreams in the world of beer” and has been showing at various Cincinnati theatres this month. Each show is followed by a discussion with one of Cincinnati’s local breweries, including 50 West Brewery, Madtree Brewing Company, and Taft’s Brewing Company. As ComStock Advisors’ Beer, Wine, and Spirits Industry team, Lori Wilhelmy and Amber Widener attended a screening of the documentary as well as an insightful Q&A discussion with Madtree and are excited by the continued growth and involvement of this industry in our community. The next showing of Brewmaster is Thursday, November 8 at the Esquire Theatre, followed by a Q&A session with Taft’s.
ComStock has longstanding experience in the engagements of breweries and distributors, valuing intangibles for financial reporting purposes as well as valuing equity for ownership succession planning. ComStock is also an allied sponsor of the Ohio Craft Brewers Association, an industry leader in preserving the art of exceptional craft beer.
For more information on the impact of business valuation for breweries, please read Amber Widener’s article “Brewing Value.”