Humbrews is an established community pub and music venue offering rotating taps, casual food, concerts, sports viewings, and private events. It operates as a neighborhood “third place,” drawing people together for gatherings of all kinds.

The owner missed the autonomy and problem solving of self-employment after years of working for others. When the opportunity arose to revive a beloved local landmark, she had personally valued for decades, she chose to purchase Humbrews rather than start a new business from scratch.

Working with the SBDC, her advisor provided essential financial guidance, steady encouragement, and practical support throughout a complicated purchase process. The owner credits the SBDC with helping her understand the financial landscape, navigate lender communications, and stay motivated during setbacks. She believes the acquisition would not have succeeded without their involvement.

Recent financial performance made traditional lending difficult, and the owner lacked prior restaurant ownership experience. Several banks were unable to finance Humbrews, leaving her without a viable funding path until creative alternatives were developed.

With the SBDC’s help, the owner secured a workable financing structure, completed the purchase, and reopened under new ownership. Community awareness is rebuilding, staffing has stabilized, and the business is regaining momentum as a trusted local gathering spot.

The most impactful support was the combination of financial translation and strategic creativity. The SBDC was able to help with items such as preparing projections, organizing loan materials, acting as a liaison with lenders, and validating innovative financing approaches that ultimately enabled the purchase.