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CONTENTS

                                                                                              STAGE 1


                                                                             f) Business Model
                                                                                               Continued





      (i) BUILD - Understanding your Brewery Outputs

      The following is an example of a 10 hl brewery.


      Each hectolitre of brewery output represents 100 litres of
      beer. This example makes an assumption that the brewery is
      operational 48 weeks per year.


      Shifts per week                         =          15
      Shifts over 48 weeks                    =          720
      Shift capacity                          =          10 HL
      Capacity per year (720 x 10HL)          =            7,200 HL
      Litres of beer (100 per hectolitre)     =           720,000 ltr

      This equates to c. 2,200,000 bottles of 330ml size
      or approx. 14,400 kegs of 50L size.

      If we assume the wholesale price of a keg to customers at
      €150, this equates to a sales value of approximately
      €2,160,000 before discounts and other selling expenses.















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