1812 Brewing Company Inc (KEGS)

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5) Issuer’s Facilities
981 Waterman Drive, Watertown, NY (owned) –
13,000 square foot production and bottling plant and offices. The
Company is currently building out its commercial-scale brewery in which
it shall keg and bottle and eventually can its own products as well as
“contract” produce for third parties. 1812 Brewing Company recently
acquired larger-scale brewing
systems, fermentation vessels
and an automated bottling and
labeling line for installation in
its own 13,000 square foot
plant located in the heart of the City of Watertown, NY, which is also 20
minutes from the Canadian border. This location will also have food and
beverages for consumption on site.
212 West Main Street, Sackets Harbor, NY (owned) - 1812 Brewing
Company operates one of New York State’s oldest continuing
microbreweries featuring what has been both a working brewery as well as
3,200 square full-service
restaurant. Formed in 1995,
Sackets Harbor Brewing Company
has slowly grown to become a
household name throughout the
region and Northeast beer
industry. Located in historic
Sackets Harbor, NY and situated directly on the shore of Lake Ontario, the
pub occupies the former New York Central Railroad Station building. The
dining room and outside decks boast expansive views of the lake and sunsets. The restaurant offers fine dining and
upscale pub fare that is paired with a rotating selection of over fifteen original craft beers brewed by 1812 Brewing
Company.
210 West Main Street, Sackets Harbor, NY (owned) – Adjacent Lot

Property and equipment consists of the following at June 30, 2023 & March 31, 2023:

06/30/2023 03/31/2023
Land $ 150,000 $ 150,000
Buildings 1,216,521 1,216,521
New Brewery 2,344,353 2,204,264
Property, Plant, Equipment & Autos 556,173 556,173
Less: Accumulated depreciation (862,761) (853,069)
Property and equipment, net $ $3,404,286 $ $3,273,889
Depreciation expense related to property and equipment was $9,692 each for the periods ended March 31, 2023 &
June 30, 2023.