Latest news with #Track7
Miami Herald
4 days ago
- Business
- Miami Herald
Another brewery and taproom player closes, no bankruptcy filing
Opening a restaurant under any circumstances can be seen as a foolhardy move. The vast majority of restaurants fail within a few years and the amount that makes it for over five stands at just over 50%. Most people would not make an investment that's basically a coin toss. That's just a really dumb way to invest your money when putting it in a market tracking fund would bring you an average of 9% most years. Related: Legendary diner featured in Visa commercial closes after 40 years In reality, most people who open restaurants, breweries, brew, pubs, and tap rooms don't do so for financial reasons. They are making an emotional decision to do something that pretty much everyone would tell you not to do. When you open a brewery, you are somewhat limiting your clientele and entering a space that's very crowded. People may love your beer and may come back once a month or even more, but many cases, they will visit you once or twice and opt for cheaper national brands. It's a punishing business where a competitor might open up in the same market, not because they did any sort of research, but for the same emotional reasons. When you add in the impact of Covid, breweries, brew, pubs, and tap rooms faced, added financial stress. They had to take on additional loans just to stay afloat during the period or businesses had to shut down. More closings: Popular Mexican chain closing all restaurants, no bankruptcyIconic mall chain shuttering more stores foreverMajor gym closing multiple locations after franchisee bankruptcyAfter Chapter 11 bankruptcy, beloved retailer closes all stores Once they came back, they faced higher labor costs, higher material costs, and having to pay off whatever loans they took. That has been a recipe for disaster, which has led to numerous failures. Now, another regional brewery and taproom chain has closed It's doors for good with no warning. While Track 7 Brewing's website has gone dark, some of its distributors are still offering its beer. Craft Beer King, a retailer which sells online, shared the brewery's basic methods and style on its website. "Track 7's approach to beer is in the vein of the firmly-hopped West Coast tradition, but without fidelity to a singular 'style.' This unfocused approach allows Track 7 to experiment with all varieties of beer, regardless of American, Belgian, English, or German inspiration," it posted. The Craft Beer Kings website shows off a number of Track 7 beers including: Track Seven Nukin' Futz: This creamy and crazy ale takes our Burnt Fog Smoked Porter recipe, drops the smoked malt and adds peanut butter, chocolate and lactose sugar. The combination produced a creamy peanut butter cup of a beer fitting of a celebration and capable of easing the winter Seven Panic IPA: After several months of hearing requests (and even pleas) to add an IPA to our line-up, we released the Panic IPA in August 2012. Panic IPA is heavily hopped with modern American hop royalty, featuring Amarillo and Simcoe. The result is an IPA that includes both subtle citrus flavors and a not-so-subtle stone fruit and slightly dank Seven Hoppy Palm: After a hop selection a few years ago, Brewmaster Ryan and Cellermaster Geoff walked away with green, sticky, hoppy palms. The product of that hop selection, Hoppy Palm Pale Ale, has been aggressively dry-hopped with Cascade, Chinook, and Galaxy hops, producing an American Pale Ale with a light body and minimal sweetness The website lists a number of other beers as well. In addition to being sold regionally in brick-and-mortar stores and nationally on websites, Track 7 Brewing operated two taprooms. The company operated its taprooms in Sacramento - one in Natomas and one in Curtis Park. The company has not filed for bankruptcy and the only explanation for its abrupt shutdown was a not posted on its Instagram page. Next to a headline that reads: "Attention our brewery and taprooms have permanently closed. Thank you for your years of patronage. It has been a fun 13 years," the company offered the following note. "After 13 years we have made the decision to close our brewery and taprooms in Curtis Park and Natomas effective today, Saturday, May 31, 2025. We sincerely thank you for your years of patronage!" Related: Another big Mexican chain closing down restaurant, no bankruptcy The company's website has been shutdown and it did not seem to have much of a social media presence. Its last Instagram post was in 2020 and Track 7 Brewing does not appear to have any other social media pages. Its website is now marked "private" and searched on the Internet Wayback Machine do not bring up any archived versions of the site. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
6 days ago
- Business
- Yahoo
Sacramento's Track 7 Brewing Company announced its closures effective Saturday
( — The popular Sacramento's Track 7 Brewing Company announced on its social media that it will be permanently closing its doors on Saturday. The brewing place has two locations in Sacramento. One in Natomas and one in Curtis Park. The company has not released an official statement as to why the company is closing abruptly. As of Saturday, the Track 7 Website said, 'This site is currently private.' On Instagram, the company said, 'After 13 years, we have made the decision to close our brewery and taprooms in Curtis Park and Natomas effective today, Saturday, May 31, 2025. We sincerely thank you for your years of patronage.' The comment section on that post on Instagram has been turned off, and in its bio, it said 'permanently closed.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
