Case Studies

Fancy a TippleNovember 03 2008

Many people dream of having their own Brewery especially students who seem to spend a lot of time in there during their student years. This was definitely the case with Michael and Sam. They developed a passion for real ale and dreamt of being able to set up their own brewery.

In 2007 Sam and Michael took the plunge and decided to set up their first pub. A micro brewery in the heart of the up and coming Holbeck village area of Leeds. The midnight Bell.

Within a very short space of time it became clear that the demand for their products was there and they needed to expand. With help and advice from the directors of York Brewery they located a new spot near to Leeds station.

Regrettably their ambitions to grow were perfectly timed with the credit crunch and as a consequence their friendly neighbourhood bank was no longer able to provide the support they needed.

Having being recommended to them by their bank they approached BEF for further funding. Having reviewed their management accounts and drafted a new version of their business plan the credit committee decided that this was a great opportunity to support and new and growing venture. The loan of £60k was to help finish the development of the next site.

Having received the funding they are now looking to open the pub opposite Leeds station on the 9th of November. The brewery of the lager will be on site and people will be able to see the beer brewed even as they drink it.

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