Quick Update from MiTU
Hello investors! Sorry for the gap in updates, we have been working very, very hard to put together the infrastructure for growth. Since my last update, we have done the following;
- Completed hiring for Bell: New Tasting Room Manager, Head Brewer and new Community Builder. We are learning that hiring the right people, and training them, while bringing up a business is a lot of work! However, for the first time we will have a fully scheduled October timeline in Bell! We have a series of beer and craft workshops building up to a our favorite celebration: " Dia de Los Muertos" on November 2nd.
- Brewing system in Bell has been cranking out great quality beer since May! We are delighted that the Bell brewhouse is so much more efficient, we have had to rework our recipes. For example, the Mash Tun has automatic rakes that agitate the Wort, and it does it so successfully, that our classic Blood Saison came in at a record 9.2% ABV but was super delicious. Knowing we could not sell it as Blood, we decided to brand it "Royal Blood" Saison. This is a good problem to have.
- We have been invited to expand to surrounding communities, who love what we have done, but we have decided to postpone until we fully dial in the processes and training. There is nothing worse than expanding while not having a consistent process and execution. We will spend the next three months on building our processes and infrastructure, then starting in January, we will begin the expansion process again.
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....Yes David...hard work does pay off....I see it in ..Bell...and at Logan...each time I'm visiting my home...S.D. "fantastic Beer & tacos.....we are ready for the next grand opening..."Salute"!
Congratulations! I went to the Bell location from CT and loved my experience. Just curious if there has been any announcement re: investor return plans. Thanks for the update.
Corey, not yet, but I am hoping to be able to announce something in January, 2020. Working hard to make sure everything is ready.
What exactly does that mean, expand to surrounding communities? Do you mean open more locations, or just reach out with marketing?
Hi Craig, it's always been our plan to extend to 6 total tasting rooms, we have two "hub" breweries in each key region, now we can expand 4 more spoke tasting rooms. You would be surprised by how many cities have courted us to come to their downtown and help with revitalization efforts. We are at that sweetspot for many cities combining a Latino + Revitalization catalyst.
Thanks for the update David! Congrats on the success so far and we can't wait for future expansions and locations! Salud! π»