The COVID-19 Spanner

March 27, 2020

The COVID-19 Spanner

What a difference a couple of weeks can make…

We were on the verge of signing a 5 year lease at $150k per annum, starting 1st of April. If we’d signed, that may have been the end… The financial viability of the brewery is built on having an awesome tap room where we sell 90% of our beer over the bar.

Luckily the owner of the building traveled OS for a couple of weeks and dragged the chain while we still had a couple of minor clauses in the lease to agree. By the time he returned to his 14 day self isolation, the world had changed.

We would love to, but we can’t in our right mind commit to a long term lease on a premises until there’s more certainty in the world, particularly with the hospitality industry.

Fortunately our DA application is still in with the council and progressing, so we’ll keep going through the motions of getting everything approved, then see where we stand.

We’re going to open a brewery, but we’re not sure when…

Theoretically someone could swoop in and lease the property out from under us, but how likely is that? I feel bad for the owner who only settled on his new investment a few weeks ago, but what choice to we have?

I like to think the owner wouldn’t want a business in his building that went broke shortly after signing the lease, and that’s likely if we were to kick things off now with the lockout lasting more than a few months…. I’m worried for my friends in the industry and can see more than a few shutting up shop if the situation continues much longer.

At some point, we know this will end. The world will keep spinning and once we’re out the other side, our communities will need those personal connections more than ever. Because pints over Zoom are as awkward as shit, (I speak from experience)…

A day will come when we you crush my hand in yours, we hug like bears, our glasses clink so hard they almost shatter and we break into harmonious laughter, cause that’s what it’s all about at the end of the day.

And that day will come again, soon.

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