Another San Antonio craft-beer company may be on the verge of tapping out.
Faced with flat sales, Alamo Beer Co. owner Eugene Simor
that he’s weighing whether to unload all or part of the business or sell its brewery in the hot Dignowity Hill area east of downtown.
A
recent sales listing for 2 acres of Alamo Beer’s property
at 202 Lamar St. notes that it “c an be sold individually or in conjunction with Alamo Brewery complex including including Brewery, Beer Hall and Beer Garden.”
“The real estate value has escalated much faster than the distribution side of business,” Simor told the
Express-News
. “We are exploring options for other uses on the prime site next to downtown, the Hays Street Bridge and much more development.”
Simor, who founded Alamo Beer in 1997, told the daily he’s also scouting for investors who can help reorganize the company and get it back on a growth trajectory.