Buffalo Brewing Co., a midtown St. Louis brewpub that's been in operation since March 2008, is on the sales block, and its owner is stepping up his efforts to unload the space.
Dushan Manjencich has been looking to sell his brewery and restaurant for the past few years, according to various real estate sites. A public listing from 2010 shows an asking price of $249,000. Buffalo's potential sale prompted some chatter on a local homebrewing forum last year. And a public LoopNet posting this year indicated the space was for sale but that the staff had not been informed ("Employees aren't aware ... please do not disturb.").
Last week, Manjencich sent an email to about 50 people in the beer business -- mostly employees of Missouri breweries and distributors -- offering the keys to Buffalo (3100 Olive Street). The subject line: Restaurant/brewery/catering business for sale. Although he is looking to sell, not lease, the space, Manjencich wrote that rent would work out to about $2,800 a month.
"If you are window-shopping please keep looking and good luck," Manjencich wrote in the email, obtained by the Post-Dispatch. "Let's not waste each other's time."
In an email to the Post-Dispatch, Manjencich said his family is looking to move for personal reasons. He said he would like to find a buyer for Buffalo who could take the brewery to "the next level."
"I hope they have long-range goals of expanding what we have accomplished so far," he wrote. "We are in our fifth year of profitability and have exercised our next five-year option. Hopefully the next level is to expand into bottling or kegging our product and distributing beyond our immediate location."