Toronto craft brewery permanently closed due to rent increase and rising costs Toronto BusinessClosure
A Toronto craft brewery that was a favourite of home brewers has permanently closed, due to an inability to keep up with many costs as well as a huge rent increase.The brewery was known for helping out home brewers with creating their beers and even serving them in their tap room, an industrial but charming community space.Their Instagram bio now reads"permanently closed" and they've posted an announcement online.
People's Pint owner Doug Appeldoorn tells blogTO that all breweries run on tight margins, and the blows that their business had to deal with were just too much to keep going. "The greatest challenge was that sales never really returned to pre-March 2020 levels, specifically from bars and restaurants. On top of that, our boiler broke down last fall, and that was several thousand dollars to fix. We didn't have the reserves to absorb that, and we struggled to stay on top of things. We tried really hard to keep it going, but January, being the worst month for sales in a normal year, was just the final nail in the coffin.
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