A sale has been pending for more than 11 months now. We continue to wait for Sovereign Bank and the United States Small Business Administration to work out their differences and approve the sale. It is our understanding that as soon as financial details are finalized and the proper license transfers are complete, the General Lafayette Inn will re-open with a new restaurant ownership/management team. Dont worry, your mugs are safe!
Part of our sale agreement does include the retention of the brewing operations. So, while Russ and I are getting out of the restaurant business, we are moving full steam ahead with beer production. The plan includes provision of General Lafayette Inn signature beers (Blonde, Red, Pale, Thunder) and at least two additional specialty beers at all times. We will be able to increase production by approximately 60%, all of which we will distribute in the
The company that will ultimately operate the brewery at the General Lafayette Inn (once the sale is completed and licenses are transferred) is the Copper Crow Beer Company. The Crow will be making beer not only in Lafayette Hill, but also in the soon to open Prism Brewery in North Wales. The timing of this endeavor is such that it requires our full attention now. We are providing consulting services along with manpower and some equipment to the Prism Brewing Company. As the future success of the Crow is our top priority, ceasing restaurant operations at this time appears to be the most prudent course of action.
Look for Copper Crow IPA, Pale Ale, Alt, and Stout on draft in your local pub soon. We expect to have our bottling operation in North Wales in full swing by early 2011. We will also continue to produce General Lafayette Inn (Grim Reaper, Chocolate Thunder, etc.) and some Copper Crow specialty beers in Lafayette Hill for draft distribution.
While the sale is pending, we continue to brew at the General for wholesale distribution. We brewed this years batch of Philadelphia Philsner on Tuesday September 21. We will be distributing it via Bella Vista Beverage. Look for it on draft out and about during the Phillies 2010 run to the World Series. We will follow that with Novemberfest along with prototype batches of Copper Crow IPA and Copper Crow Pale Ale.