The West had an article on craft brewers and how they all posted a terrific result over the Christmas period.
The article said that 30% of the beer poured at the Royal Hotel, which is owned by Empire was from Empires Colonial brand of beer from Margaret River.
Now this seems to me like a sound business model. Market a product and then create the demand. Empire only own 1 Pub at this stage but it has been said that they plan to purchase pubs all over Australia.
I rate this as a hold at the moment, but would certainly upgrade to a buy if they purchased 1 or more pubs to market their product and create an increased demand whilst increasing an income stream to finance future expansion of retail outlets or manufacturing.
The West had an article on craft brewers and how they all posted...
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