Stage One: Stabilization and Payroll Protection
Goal Amount: $150,000
In this initial stage, our primary objective is to stabilize the brewery's financial standing and ensure the well-being of our employees. The allocated funds of $150,000 will be utilized for securing payroll, addressing any overdue accounts, and fortifying the brewery's cashflow. The overarching aim is to prevent the closure of the brewery, allowing us to operate throughout the winter season successfully. Additionally, efforts will continue to enhance and repair the food trailer, with a targeted opening goal set for mid-February.
Estimated Costs:
Employee Payroll (This excludes owners*) : $56,000
Rent : $25,200
Bringing Accounts Current and Debt Consolidation: $51,000
Remediation of Trailer issues : $17,800
Stage Two: Finalization of Expansion Project
Goal Amount: $250,000
Upon reaching the $150,000 target in Stage One, we transition to Stage Two with an additional goal of $100,000, bringing the total to $250,000 for both stages. The focus of this stage is the completion of the expansion project initiated in December 2022. The funds will be allocated for purchasing essential equipment, such as an Automated Bottle Labeler, Rinser, Dryer, Date Code Printer, Accumulation Table, and necessary conveyor components for the bottling line enhancements. Wiring work will also be undertaken to convert the current kitchen into brewing space once the food trailer becomes operational. There are also some tasting room repairs and modifications that need to be completed for the upcoming season. This stage marks a crucial step towards achieving our broader expansion goals.
Estimated Costs:
Bottling Line Enhancements: $56,000
Contractor Work(electrical and plumbing): $22,000
Tasting Room Repairs: $12,000
Bottling Line build Out Expense: $10,000
*As owners of Footbridge Brewery we have never received a paycheck since we opened our time and efforts have been our investment in the Brewery and its team. Our belief in making Footbridge Brewery a great work environment incudes paying all our team members a living wage without tips.