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Bradford Brewery hit by declining sales and increasing competition

Bradford Brewery runs out of cash, up for sale

Bradford Brewery is closed and on the market. Business recovery firm Chamberlain & Co says that the company, launched in 2015, has simply “run out of money.”

The 10-barrel brewhouse and tap room, plus its standalone pub in the city, the Exchange Ale House, are up for sale.

According to The Brewery Manual 2018, it has 14 employees on the books.

The business was restructured last year following the departure of founder Matthew Halliday. Shareholder Phillip Ogg took over as managing director, seeking to turn the brewery around with a renewed emphasis on the wholesale channel.

He told the Yorkshire Post this week that declining sales through the on-site Brewfactory bar, which faced growing competition in the area, had hit finances with monthly takings collapsing from nearly £30,000 to just £5,000.

“It’s not sustainable,” he said. “After an 18-month battle we’ve accepted we can’t really put the brewery back on its feet. We’ve given it everything we could, including a lot of money. That’s as much as we can do.”

Bradford Council, which backed the brewery with grants to get it off the ground three years ago, said it has been in touch with the owners “to see if there’s anything we can do to keep the business going.”

Specifications are being drawn up for the sale of Bradford Brewery’s assets and will be available in a few days. Anyone interested can contact Chamberlain & Co on 0113 242 0808 or email mail@chamberlain-co.com.

Phil Mellows
17th August 2018

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