Goodbye Hart & Thistle...

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NASH
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Re: Re: Official Hart & Thistle Thread

Post by NASH » Wed Feb 19, 2014 2:16 pm

chicanuck wrote:
NASH wrote:
Tim Gregory wrote:Bummer. What happened? :(
I believe it's a case of revenue not equal to or greater than cost of doing business :cheers2:
I do not doubt this is the main driver for the decision but it is the timing that confuses me, why close down in mid-Feb when the seasonally business is only a few months away? If the bottom line is in the red in the winter months, why not close down in October as you would have 4 years of fiscal data to make that call? And why order growlers with your logo on them, if you are going to close down before the growlers even arrive (perhaps they were never ordered like I was told)?

I obviously have a lot of questions, my gut feeling is that there is more to this than just costs vs revenues.
You're entitled to hink what you want. There's nothing more to it. The owner was expecting an extension on bank loans but after a few weeks of negotiating and providing them with previous years sales figures, they called in the loan.

Transmitted from the Hop-phone.

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Re: Re: Official Hart & Thistle Thread

Post by NASH » Wed Feb 19, 2014 2:18 pm

RubberToe wrote:Collectable growler, anyone? Or maybe they'll try to sell the business.
The business is closed, there is nothing to sell now.

Transmitted from the Hop-phone.

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Re: Re: Official Hart & Thistle Thread

Post by NASH » Wed Feb 19, 2014 2:19 pm

jeffsmith wrote:
berley wrote: I was wondering about this, too... they just tweeted four days ago that the growlers had arrived.
Disconnect between ownership and management?
They only had two or three dozen made I believe.


Transmitted from the Hop-phone.

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Re: Re: Official Hart & Thistle Thread

Post by brufrog » Wed Feb 19, 2014 2:40 pm

So how much is all that brewing equipment worth?
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Re: Re: Official Hart & Thistle Thread

Post by NASH » Wed Feb 19, 2014 3:20 pm

brufrog wrote:So how much is all that brewing equipment worth?
Who cares? It's there for life so far as I know. Landlord uses it as an asset of that property. It sat four years unused, they would not sell it. Regardless, it would be quite an expense to get it out of there, the brewhouse was installed in the loft while the place was being built ad it isn't coming back down easily :cheers2:

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Re: Goodbye Hart & Thistle...

Post by dean2k » Wed Feb 19, 2014 3:24 pm

Winter on the waterfront with high rent and poor traffic. Takes a hell of a lot to overcome those facts.
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Re: Goodbye Hart & Thistle...

Post by chalmers » Wed Feb 19, 2014 3:43 pm

Crap, I shoulda been in last week to buy some growlers of both beers. :(

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Re: Goodbye Hart & Thistle...

Post by canuck » Wed Feb 19, 2014 3:51 pm

Greg, in this type of situation, just curious as to what happens with the beer in serving tanks/fermenters since they can't sell it? Dumped?

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Re: Goodbye Hart & Thistle...

Post by NASH » Wed Feb 19, 2014 4:01 pm

canuck wrote:Greg, in this type of situation, just curious as to what happens with the beer in serving tanks/fermenters since they can't sell it? Dumped?
Yes.

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Re: Re: Official Hart & Thistle Thread

Post by brufrog » Wed Feb 19, 2014 4:03 pm

NASH wrote:
brufrog wrote:So how much is all that brewing equipment worth?
Who cares? It's there for life so far as I know. Landlord uses it as an asset of that property. It sat four years unused, they would not sell it. Regardless, it would be quite an expense to get it out of there, the brewhouse was installed in the loft while the place was being built ad it isn't coming back down easily :cheers2:
Hmmm...good point. Such a shame, really. Where the hell will I get my waterfront pints in the summer?
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Re: Goodbye Hart & Thistle...

Post by canuck » Wed Feb 19, 2014 4:04 pm

NASH wrote:
canuck wrote:Greg, in this type of situation, just curious as to what happens with the beer in serving tanks/fermenters since they can't sell it? Dumped?
Yes.
Not surprised. Although it's enough to make a grown man cry like a little school girl. :( :wahh:

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Re: Goodbye Hart & Thistle...

Post by NASH » Wed Feb 19, 2014 4:12 pm

canuck wrote:
NASH wrote:
canuck wrote:Greg, in this type of situation, just curious as to what happens with the beer in serving tanks/fermenters since they can't sell it? Dumped?
Yes.
Not surprised. Although it's enough to make a grown man cry like a little school girl. :( :wahh:
Yeah, more than half the batch of Commissar left, it's one stellar beer that would age incredibly well. Brutal.

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Re: Goodbye Hart & Thistle...

Post by Juniper Hill » Wed Feb 19, 2014 4:27 pm

That's a real shame. I'll miss that place. :(

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Re: Goodbye Hart & Thistle...

Post by spears104 » Wed Feb 19, 2014 4:44 pm

What a heart breaker....
Primary -
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Bottle Conditioning -
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Re: Re: Official Hart & Thistle Thread

Post by chicanuck » Wed Feb 19, 2014 4:51 pm

You're entitled to hink what you want. There's nothing more to it. The owner was expecting an extension on bank loans but after a few weeks of negotiating and providing them with previous years sales figures, they called in the loan.

Transmitted from the Hop-phone.[/quote]

Piss poor financial management actually does answer all my outstanding questions, still hard to believe when you have the product and seasonal location.

Instead of going to the H&T for the Canada game today, I went to Boston Pizza right next to my office.....I am the victim here, paying the full Molson Canadian penalty while the Commissar sits and waits for it's undeserved fate.

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Re: Goodbye Hart & Thistle...

Post by GAM » Wed Feb 19, 2014 5:12 pm

http://thechronicleherald.ca/business/1 ... tle-closes" onclick="window.open(this.href);return false;

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Re: Goodbye Hart & Thistle...

Post by mr x » Wed Feb 19, 2014 5:45 pm

NASH wrote:
canuck wrote:Greg, in this type of situation, just curious as to what happens with the beer in serving tanks/fermenters since they can't sell it? Dumped?
Yes.
Damn, I'll never know how unbalanced it really was! :lol: :(
At Alexander Keith's we follow the recipes first developed by the great brewmaster to the absolute letter. :wtf:

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Re: Goodbye Hart & Thistle...

Post by NASH » Wed Feb 19, 2014 5:47 pm

Well that's a motherfucker no matter how you look at it.

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Re: Goodbye Hart & Thistle...

Post by mr x » Wed Feb 19, 2014 5:53 pm

Halifax gastropub Hart & Thistle closes

Image

http://thechronicleherald.ca/business/1 ... tle-closes" onclick="window.open(this.href);return false;
A Halifax pub and eatery that recently launched its own take-home craft beer is shutting off the tap.

Bruce Keith, owner of Hart & Thistle Gastropub & Brewery, said on the company’s Facebook page Wednesday morning that it was a “difficult and necessary decision to close.”

“Many reasons have led us to this decision, however with the bulk of our business occurring inside the short summer season, coupled with large growth of independent restaurants in greater HRM, we ultimately noticed an impact to our bottom line that we could not overcome.”

The closure was effective Wednesday.

The Upper Water Street business opened five years ago and just last month announced the launch of take-home growlers — 1.5- or two-litre jugs — of craft beer. The move coincided with the change in government regulations that allowed brew pubs and microbreweries to sell their locally made product in the pub instead of a separate storefront.

“We’re not going to be selling thousands of growlers per year or anything, but the change will generate some extra business and we think it will be a wonderful marketing tool,” Keith told The Chronicle Herald last month.

Keith, who could not be reached Wednesday, thanked management, staff and suppliers and wrote: “We will continue to cheer on the city of Halifax and fellow members of the food service industry from the sidelines.”

Patrons took to social media to express their disappointment and to wish owners and staff well.

“It’s a shame,” Kevin Keefe, president of the Craft Brewers Association of Nova Scotia and owner of Granite Brewery Ltd. in Halifax, said in an interview Wednesday.

“It’s lined up there in the summertime, with probably 120 people working there.”

The pub also sold Granite Brewery beer, and Keefe said the departure of Hart & Thistle means “that’s a good customer that’s gone, so it’s not going to help us.”

Owner of Nova Scotia’s first brew pub in 1985 (the first one east of the Rockies, he says), Keefe said that “it’s been a tough last few years in the bar business.”

Tough enough that he decided to get out of the Halifax bar and eatery business in 2009 to focus his efforts on brewing beer.

The closure of Hart & Thistle was likely caused, Keefe said, by the state of the downtown bar business and the poor winter weather.

Bars and restaurants like Hart & Thistle pay higher rent to be on the waterfront and have to work that much harder to keep going, he said.

Weather has always been a factor in the bar business, Keefe said, adding that bad weather can “have a very dramatic impact on people’s going-out habits.”

His own beer sales there were about 30 per cent lower this past summer compared with the summer of 2012, when the weather was better.

Business usually drops on the waterfront over the winter, but “this is the winter from hell,” Keefe said.

He didn’t expect Hart & Thistle’s departure to have much of an effect on Nova Scotia’s industry, which is expected to see even more new brew pubs or microbreweries across the province again this year.

There are 16 craft breweries with about 100 different types of craft beer in Nova Scotia, and Keefe said he expects another five or six to open later this year.

When a new place opens, “the guys are going almost full tilt from Day 1,” said Keefe, adding that usually means everyone’s sales go up.

“There’s never been a brewery that opened that dropped sales. It always goes up. Overall sales are up; it’s still not hugely dramatic.”

But craft beer accounts for only about two per cent of all sales in Nova Scotia, with Molson and Labatt still holding the vast majority of sales, he said.
At Alexander Keith's we follow the recipes first developed by the great brewmaster to the absolute letter. :wtf:

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Re: Goodbye Hart & Thistle...

Post by mr x » Wed Feb 19, 2014 5:57 pm

Hart & Thistle closes Halifax pub
Bar blames winter slowdown

http://www.cbc.ca/news/canada/nova-scot ... 75?cmp=rss" onclick="window.open(this.href);return false;
Image

Halifax’s Hart & Thistle pub went out of business Wednesday.

The gastropub and brewery was located on the waterfront in the Historic Properties.

Owner Bruce Keith said they had a great core of customers for the five years it was open, but it wasn’t enough.

“With the bulk of our business occurring inside the short summer season, coupled with [the] large growth of independent restaurants in greater HRM, we ultimately noticed an impact to our bottom line that we could not overcome,” he said via the pub’s Facebook page.

“As long-time supporters of local and independent business, we will continue to cheer on the city of Halifax and fellow members of the food service industry from the sidelines.”

Premier Stephen McNeil’s government held a news event at the pub recently to announce changes to liquor rules.
At Alexander Keith's we follow the recipes first developed by the great brewmaster to the absolute letter. :wtf:

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Re: Re: Official Hart & Thistle Thread

Post by mr x » Wed Feb 19, 2014 6:00 pm

chicanuck wrote:Instead of going to the H&T for the Canada game today, I went to Boston Pizza right next to my office.....I am the victim here, paying the full Molson Canadian penalty while the Commissar sits and waits for it's undeserved fate.
I thought somebody here wrote that Boston Pizza had a policy of one tap available for local options. Demand better! :D
At Alexander Keith's we follow the recipes first developed by the great brewmaster to the absolute letter. :wtf:

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Re: Goodbye Hart & Thistle...

Post by Keggermeister » Wed Feb 19, 2014 6:03 pm

mr x wrote:
NASH wrote:
canuck wrote:Greg, in this type of situation, just curious as to what happens with the beer in serving tanks/fermenters since they can't sell it? Dumped?
Yes.
Damn, I'll never know how unbalanced it really was! :lol: :(
Those 2 15 gallon kegs I traded ya sure would come in handy down there!
You could fill them up and top the fermenter off with water. It would still be a big beer after the diution! :lol:

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Re: Goodbye Hart & Thistle...

Post by TimG » Wed Feb 19, 2014 6:06 pm

Bummer! Some good memories down on the waterfront.. :(

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Re: Goodbye Hart & Thistle...

Post by Tony L » Wed Feb 19, 2014 7:31 pm

Sorry to hear that Greg. A worn cliche, but I'll say it anyway. One door closes and another opens.. especially with your talent. Good luck.

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Re: Goodbye Hart & Thistle...

Post by Araxi » Wed Feb 19, 2014 7:44 pm

That really sucks man. That place was the first place that I ever ordered a craft beer at here in the Maritimes. I remember I ordered the Microdot IPA and after that the Orange sunshine.

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