Modern Times Beer and Coffee


Key Challenge

Modern Times Beer and Coffee – Southern California : ONYX was engaged as the exclusive sales agent in the going concern sale of Modern Times Beer & Coffee. The offering included Modern Times’s IP (patents, trademarks and brands), two operating breweries capable of producing 60,000+ barrels annually, two restaurants, four taprooms, inventory, and misc. equipment.

Key Takeaway

ONYX secured a Stalking Horse bid of $7.62 million and then procured additional overbidders to participate June 17th auction resulting in over 70 individual bids and a winning bid well over the initial stalking horse bid. The sale was completed and fully funded in late October 2022, 

See Sale