Norse Brewing
$1.7M Rev Brewpub & Restaurant | $381K SDE | Prime Downtown Location
Marketing description
Own a premier destination in one of North Carolina’s fastest-growing markets. Norse Brewing Company is a highly profitable, turnkey brewery, winery, bar, and restaurant located in the heart of downtown Wake Forest. Since its founding in 2019, the business has grown into a community anchor, consistently delivering strong revenue and healthy cash flow.
Financial Highlights (2025)
Gross Revenue: $1,694,442
Seller's Discretionary Earnings (SDE): $381,798
Gross Margin: 78%
Sale Price: $1,150,000
Optional Additions
$4,736,000 - Real estate: land, building, and all structural improvements
$2,500,000 – Optional Zebulon, NC Location
The Business Model
Norse Brewing operates on a unique "Beer, Food, and Family" philosophy, combining high-quality craft beer production with a full-service restaurant featuring a Scandinavian-Southern fusion menu.
Diversified Income: Revenue is perfectly balanced between food (45%) and beverage sales (45%), with an additional 10% from other sources.
Turnkey Assets: The sale includes over $464,000 in current value assets, including a full brewhouse, custom tap systems, and a professional kitchen.
Prime Real Estate: The business occupies a stunning 8,222 sq. ft. facility renovated in 2019. The buyer has the flexibility to lease the space or acquire the real estate for an additional $4.75M
Why This Is a Standout Opportunity
Community Anchor: Located on a prime corner lot in downtown Wake Forest, the brewery benefits from high visibility and the town’s new Social District, which allows patrons to enjoy drinks throughout the downtown area.
Untapped Growth: While already highly profitable, significant upside exists through expanding wholesale distribution and better utilizing the large facility for weddings and private corporate events.
Demographic Strength: Wake Forest is a high-income area (Median Household Income >$106k) with a rapidly growing population, providing a stable and expanding customer base.
SBA Eligible: This transaction is structured to be SBA-eligible, allowing for a lower equity requirement for qualified buyers.
Reason for Sale
The founders have successfully built the brand over the last seven years and are looking to transition the business to new ownership to focus on other ventures.
Key Selling Points
Consistent Profitability: Strong YoY revenue with consistent $380k+ SDE.
Award-Winning Brand: Unique Scandinavian theme and high-quality craft beer program.
Prime Facility: Large 8,222 sq. ft. space with an outdoor dog-friendly patio.
Scale Ready: Proven systems in place with a loyal, established staff.
Multiple Revenue Streams: Taproom, full-service dining, and private event capabilities.
Investment highlights
The large venue (8,222 sq ft) provides hosting versatility for public and private events, allowing for diverse revenue streams and deeper community engagement.
Proven history (8 years) supports long-term stability in a high-growth market.
Controlling real estate eliminates risks associated with rising lease rates in a high-growth market where they are expected.
Prime downtown location provides strong foot traffic and visibility with natural demand.
Excellent reviews and standing reputation provides a strong base/legacy to continue for the future owner.
In-house brewing expertise: Includes brewing equipment, infrastructure, and recipes (including oversight by a brewer).
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