Posted on 09/28/2011 7:35:31 AM PDT by WOBBLY BOB
MINNEAPOLIS - A developer who wants to open a microbrew pub in Minneapolis has a unique business plan.
For a $1,000 investment, neighbors can be part owner of the Smokehouse Brewpub and get free beer for life. Developer Jamie Robinson says free beer is among the equity options for the $800,000 restaurant and bar. The project needs $175,000 for a down payment and is targeting investors $1,000 at a time.
Kelly Neisen has seized the opportunity. Neisen says as a homeowner she has a stake in seeing her neighborhood succeed.
Minneapolis council member Gary Schiff says people crave something authentic, not a "cookie cutter" business they could get in any suburb.
(Excerpt) Read more at twincities.com ...
Suppose the business fails - I guess the free beer for life isn’t such a good deal then. Health clubs do this all the time.
I'll drink to that.
next time MN has a goobermint shutdown and he can’t get his licenses and goobermint permission slips signed, he’ll be making less than zero.
Reminds me of the guy who won Lifetime Season Tickets to the USFL Pittsburgh Maulers for winning their Name the Team Contest.
The Maulers folded after one 3 win season in 1984.
The press conference to announce their disbanding began with an apology to that gentleman.
Is the liquid dividend taxable?
If a person lived within walking distance, it would be a great investment. In that case I could probably drink $1000 bucks worth in 2 years.
This is not a Too Big to Fail DemocRat endevour?
‘I could probably drink $1000 bucks worth in 2 years.
2 years? I’m sober, thank God, but I could have drank $150 a week. Or drink $1000 in less than 2 months.
a few concerns here would be on my mind if I lived nearby -
has anyone actually tried the beer he is going to be selling? Sherlock’s was a place I would have gone for this deal at.
also, he could be closed in a few years, so you would need to be drinking fairly regularly there just to break even.
Me too, but the walk home would have been a problem....
Pyramid Brewing (aka McTarnahans) began life as Portland Brewing with a $500 stock plan and promised dividends of a pint a day. If only I’d have had the $500....
Pyramid Brewing (aka McTarnahans) began life as Portland Brewing with a $500 stock plan and promised dividends of a pint a day. If only I’d have had the $500....
What do I get for investing in a new brothel?
jk jk
put a solar roof on top and call it Sinlyndra.
you’ll get millions from Reid and Barry.
Excellent idea for raising capital. I’ll bet he can find 175 people who will invest $1,000.
Obama will buy in to save money on beer summits. Problem is it will cost the taxpayers several hundred thousand a trip to fly him to Minnesota to collect his free beers.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.