Courtesy Photograph / Freetail Brewing Co.
San Antonio’s Freetail operates two restaurant brewpubs and a manufacturing brewery. its beers have retail distribution in Texas and Colorado.
Freetail Brewing Co., San Antonio’s second-largest brewery, is up on the market by the possession group that is managed the corporate since 2016.
The 15-year-old enterprise, which launched at North Loop 1604 and Northwest Navy Freeway with used brewing gear and a wood-fired brick pizza oven, now contains two restaurant brewpubs, a manufacturing brewery and retail distribution in Texas and Colorado.
Whereas Freetail hasn’t made a public announcement about its standing, a enterprise dealer posted the intent to promote on BizQuest, an internet site connecting patrons and sellers of corporations. The brewery is not named within the posting, however the detailed description can solely match Freetail. That features mentioning the civic engagement of the brewery as “dedicated to reversing the extinction of bats.”
The corporate is known as for the Mexican Freetail bat discovered all through South Texas and has donated proceeds to defending the creatures.
Freetail officers may’t be reached instantly for touch upon the BizQuest itemizing.
A subsidiary of TETCO — a one-time oil and fuel advertising and marketing agency run by members of the family of the late Tom E. Turner — took a controlling curiosity in Freetail in 2016. The TETCO unit infused a big quantity of capital into the brewer and likewise purchased out most of the preliminary traders.
Freetail founder Scott Metzger left the corporate as CEO in 2018 and is now president of Craft ‘Ohana, which incorporates Maui Brewing Co. and Fashionable Instances Brewing Co. Founding brewer and Freetail Director of Brewing Operations Jason Davis remained on workers.
In response to the BizQuest itemizing, Freetail’s income has grown from $2.4 million in 2019 to $3.5 million in 2023. The publish forecasts income this yr of $4.35 million and initiatives 2024 will mark the corporate’s first yr of profitability.
Freetail’s massive brewery location on South Presa Road not too long ago expanded the variety of days and hours it operates. The ability additionally opened an on-site restaurant. Beforehand, hours for the taproom had been restricted.
Late final yr, Freetail additionally struck a deal to increase distribution into Colorado. Freetail and Denver’s Unusual Brewery have maintained a longstanding collaboration during which its brewers collectively produce StrangeTail.
Freetail’s beers embody Soul Doubt IPA, Conserva, Bat Outta Helles, San Antonio Pale Ale and Bowie Bock in addition to the multi-award profitable La Muerta Imperial Stout and its quite a few variations.Subscribe to SA Present newsletters.
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