Brewery, Winery and Distillery Feasibility Study in the Boston-Cambridge-Newton, MA-NH Metro Area

Beverage producers across two states

Beverage manufacturing loans around Boston-Cambridge-Newton spread across seven counties in two states rather than clustering in one: Essex County, MA has 18, Rockingham County, NH 16, Middlesex County, MA and Suffolk County, MA 15 each, Norfolk County, MA 14, Plymouth County, MA 11 and Strafford County, NH 8. The cell holds 97 approvals worth $41.8 million between FY2017 and FY2026. Boston is 3 of 443 among all areas; the class is 12 of 39 within Boston; the location quotient is 1.06x.

The median is $172,000, only 0.59x the national class median, and $80,000 and $412,000 mark the quartile edges. SBA 7(a) handled 79 of these loans and SBA 504 the other 18. The franchise share prints as 0.00%. Only the borrower's industry is known here, which hides taprooms, tasting rooms and event income; the class itself spans three manufacturing codes and includes wineries. Lenders should read a light ticket as a small brewery or tasting-room operator, though the file cannot confirm which.

Lenders

Nobody dominates SBA 7(a). Rockland Trust Company holds 6 loans and $3.0 million, Manufacturers and Traders Trust Company holds 6 and $1.4 million, Coastal Heritage Bank 5 and $2.7 million, and Newburyport Five Cents Savings Bank 5 and $806,000. On SBA 504, Granite State Economic Development Corporation holds 7 loans and $2.9 million and New England Certified Development Corporation holds 6 ($7.6 million). A New Hampshire development company leading a Boston table reflects the two-state map. These rows are SBA's holder entries and say nothing about practice.

Cancellations of 12.2% or more affect the FY2017 to FY2024 approvals. Neither the ceiling nor the charge-off rate is published, and no blank reads as nil. Approvals opened with 20 loans and $4.9 million in FY2017, dropped to 7 in FY2018, held near 9 or 10 through FY2023, and ended at 6 loans and $1.4 million in FY2026. A cell this thin means one or two big projects can sway any total.

What a Boston beverage study has to settle

An analysis should test taproom traffic and distribution, which the code cannot show, in the specific county of the site, and price tanks, barrels, licensing and build-out against $172,000. Volume, wholesale margin and taproom revenue have to repay the loan; building and equipment are appraised separately. Every Boston job passes through us; Daniel Smith, MAI, vouches for it, and the 97 approvals above promise nothing about yours.