24-year-old New Hampshire based Smuttynose Brewing Company will be sold at auction in March. The brewery is currently seeking a buyer.
According to a statement released today, Smuttynose is seeking an immediate buyer prior to a planned March 9th auction. The would include the LEED-Gold certified brewer on Towle Farm in Hampton, as well as the Hayseed Restaurant nearby.
“The company’s financial models were based on 20 years of consistent growth but the explosion of microbreweries has led to changing dynamics in the marketplace. This dramatic shift occurred just as Smuttynose committed to a major infrastructure investment with the construction of the new production facility. As the turmoil in the marketplace stabilizes, Smuttynose, a trusted brand with strong consumer loyalty, can regain its footing with a major infusion of capital.” – Smuttynose owner Peter Egelston
Smuttynose was founded in 1994, employs 68 people, and generates $10 million dollars in annual revenue. Over the past year, the brewery has been operating at 50% of its 75,000 barrel a year capacity.
Currently, the brewery and restaurant are open as usual, and no employees have been eliminated.
A new pale ale the brewery is working on – Smuttlabs summerteeth will debut at the biennial Sold Sound Festival in North Adams, Massachusetts June 26th -28th, 2015.
This is a single batch brew and virtually all of it is going to the festival. If you aren’t going to Solid Sound, you can get a taste at Moe’s Tavern in Lee, MA on Thursday, June 25, the night before the fest begins. A few bars in New York City (Valhalla, The Gate, Mugs Alehouse, The Stag’s Head, Crescent & Vine and Seawitch) will be getting kegs. We’ll also have a limited amount of kegs for sampling in the brewery and pints in Hayseed.
Smuttlabs summerteeth is brewed with El Dorado and Citra hops.
Smuttynose Brewing Company (Hampton, NH) is canning Vunderbar Pilsner today. The year round offering is currently available in 12oz bottles and draft.
Congruent with the brewery’s recent expansion, Smuttynose has begun canning. Early can offerings include Finest Kind IPA.
Smuttynose Vunderbar cans will be available after March 9th, 2015 in NJ, NYC, Long Island, VT, MA, TX, and Towle Farm retail at first.
Expanded distribution in the coming weeks/months.
Hops: Czech Saaz
Malts: Pilsner Malt, North American 2-Row, Acidulated Malt
Availability: 12oz Bottles, Draft (Current.) 12oz Cans
4.9% ABV, 33 IBUs
Image via Smuttynose
Smuttynose Brewing (Hampton, NH) will release a new seasonal next month, alongside the opening of their farmhouse restaurant, Hayseed.
The brewery renovated a Victorian-era farmhouse into a 95 seat restaurant, with space for 35 more in in the beer garden. Hayseed features tables made from red oak trees that grew on-site, more than 20 taps, and a menu of locally sourced food.
“Opening this restaurant has been a long-time goal for Smuttynose,” said company founder Peter Egelston. “We are looking forward to expanding our hospitality, widening the choices of those who visit us to not only include brewery tours and samples, but also the opportunity to relax over a terrific meal and outstanding beer in a comfortable, informal setting.”
A new beer bearing the restaurant’s namesake Hayseed will debut in February as well. Smuttynose Hayseed is designed to be a lower alcohol by volume, flavorful table beer. Expect Hayseed’s arrival by the end of February.
Style: Farmhouse Ale (???)
Availability: 12oz Bottles, Draft.
Release: February 28th, 2015
Smuttynose Smuttlabs BYOB, a new edition to the series.
Smuttlabs series got started as the Short Batch Series back in 2007. The experimental, small batch, and some times semi-regular release series reflects the brewery’s desire to experiment.
Smuttynose Smuttlabs BYOB will be available in 12.7oz bottles.
Availability: 12.7oz bottles