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Asolica > Blog > Finance > Historic craft brewery closes taproom after sale to rival model
Finance

Historic craft brewery closes taproom after sale to rival model

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Last updated: November 12, 2025 2:27 am
Admin
4 weeks ago
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Historic craft brewery closes taproom after sale to rival model
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Craft beer lovers throughout the nation have watched their favourite taprooms and breweries shut their doorways during the last two years as they battled a number of financial obstacles which have troubled the trade.

Contents
  • twenty first Modification Brewery closes its doorways
  • Flying Bison Brewing to shut after sale
    • FX Matt Brewing Co. manufacturers
  • Hamburg Brewing will proceed producing Flying Bison
    • Flying Bison Brewing Company beers on tap:

The explanations given for the craft brewery financial issues have been comparable: rising prices pushed by inflation and tariffs, shoppers’ altering attitudes towards ingesting alcohol, and fierce trade competitors.

Craft brewery closings outpaced openings within the 12 months ending June 2025, with 9,269 breweries working in June, down 1%, in comparison with 9,352 in June 2024, based on the Brewers Affiliation’s 2025 Midyear Market report launched in July 2025.

The variety of working craft breweries has additionally plummeted considerably from 2024 and 2023, primarily based on the affiliation’s report. The variety of working craft breweries declined nationwide to 9,680 in 2024, down from 9,747 in 2023.

A few of the breweries that shut down filed for chapter earlier than closing their operations, whereas others simply closed their doorways with out submitting a petition.

twenty first Modification Brewery closes its doorways

Most not too long ago, San Francisco-based twenty first Modification Brewery closed the doorways of its San Francisco-based brewpub and its San Leandro, Calif., brewery and taproom on Nov. 4 with out submitting for chapter, after the corporate’s gross sales declined 20% every year since 2021.

The craft brewery’s lender knowledgeable the brewer that it will not fund the corporate resulting from its “cash bleed,” which was the ultimate nail within the coffin for the corporate.

The San Francisco brewpub’s webpage lists the institution as “Permanently Closed.” The corporate’s San Leandro webpage reads: “404 Page Not Found. The page you requested does not exist.”

Not all craft brewery and taproom closings are indicators of monetary misery and financial issues, nonetheless.


Flying Bison Brewing will shut its Buffalo, N.Y., taproom after Hamburg Brewing Co. acquired the model.

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Flying Bison Brewing to shut after sale

Historic craft brewery FX Matt Brewing Co. will shut its Flying Bison Brewing Firm taproom in Buffalo, N.Y., on Nov. 29, after promoting the beer model, together with all recipes and logos, to Hamburg Brewing Co.

FX Matt Brewing Co. manufacturers

  • Saranac
  • Utica Membership
  • Flying Canine
  • McKenzie’s Onerous Cider
  • Proper Coast ready-to-drink cocktails.

Hamburg Brewing will take over the manufacturing of Flying Bison’s beers and proceed producing and distributing the model all through the area.

“Flying Bison has deep roots in Buffalo’s brewing history, and we’re proud of the role we played in supporting and sustaining that heritage over the past 15 years,” Fred Matt, president and CEO of FX Matt Brewing Firm, stated in an announcement.

Hamburg Brewing will proceed producing Flying Bison

“Hamburg Brewing is a respected and community-focused craft brewery with a strong presence in Western New York. We’re confident they’re the right partner to carry the Flying Bison legacy forward,” Matt said.

The Hamburg, N.Y.-based buyer is a family-owned brewery, established in 2013, that now features Flying Bison in its Hamburg taproom. Cans and bottles of Flying Bison Beer are also available at the same retailers who carried the brand before the sale closed.

More closings:

  • Major trucking company closes Home Depot distribution facility
  • 63-year-old bankrupt retail chain closes all stores permanently
  • Discount retail chain closes half its store locations

FX Matt Brewing, which was established in 1888 in Utica, N.Y., is one of the oldest craft brewers in the U.S. The brewery produces several brands, including Saranac, Utica Club, Flying Dog, McKenzie’s Hard Cider, and Right Coast ready-to-drink cocktails.

Flying Bison’s taproom offers 14 of its beers on tap and three seltzers. It also offers cans and bottles of FX Matt Brewing Co. varieties, Matt Brewing, Saranac, and Right Coast.

Flying Bison Brewing Company beers on tap:

  • Bison Best Amber Ale
  • McBison Scotch Ale
  • Aviator Red
  • Event Horizon Wheat Ale
  • Sleigh Rider Golden Ale
  • Citrus Pils Pilsner
  • Pale But Still Cute IPA
  • Solar Flare IPA
  • Raspberry Sour Ale
  • Hazelnut Porter
  • Herc Barleywine
  • Galactic Pils Pilsner
  • Rusty Chain Vienna Lager
  • Bison Best Amber Ale – Nitro

Associated: Widespread beer model information Chapter 11 chapter a second time

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