Is PicoBrew going out of business?
PicoBrew, the homebrewing appliance startup based in Seattle, is effectively shutting down the Spoon has learned today. Back in February, the Spoon broke the story about PicoBrew entering the Washington State bankruptcy process in the form of court-managed receivership.
Can you still use Pico brew?
Sadly, Pico Brew has gone out of business, but their comparison is worthy to include in the category since they were so active until early last year.
What is a PicoFerm?
PicoFerm is battery powered and painlessly monitors fermentation without touching your beer, helping you to keep a clean and sterile brew space.
How does Pico Brew work?
Once you have rinsed the machine and filled the keg and reservoir with water, you place a PicoPack into a plastic tub along with another container that holds the hop additions for bettering, flavor, and aroma. The machine recognizes the pack, you press the button, and away the brew goes.
Who bought PicoBrew?
PB Funding Group
That same lender, Bellevue-based PB Funding Group, on April 22 agreed to purchase PicoBrew through a $7.5 million credit bid — the group didn’t put up new money, but deducted that amount from the loan debt owed in order to gain the company’s assets. The deal was court-approved and finalized May 8.
What is Nano Brewery?
The easy definition for a nanobrewery is that it’s a brewery or brewpub that produces less than 15,000 barrels of beer per year. A New Hampshire law dictates that a nanobrewery must produce less than 2,000 barrels per year, but laws like that do not exist in every state.
How do I set up PicoFerm?
Using a Wi-Fi connected smart phone or similar device, browse to picobrew.com/setup/picoferm and follow the on- screen instructions. 3. You should now be connected to your PicoFerm and see the Wi-Fi Setup page. Under ‘Other Setup Options,’ click ‘Factory Reset’ and then follow the on-screen instructions.
How much beer does PicoBrew?
Getting to know Pico The PicoBrew Pico is an $800 automatic beer making robot. You buy prepackaged sets of ingredients called Picopaks to use with it. The PicoPaks cost around $20 each — more or less depending on what type of beer you order. Each packet makes around 5 liters of beer.
What do I do with my PicoBrew?
Turn on your Pico, scroll to Utilities and select Rack Beer. Pico will pump air into the brewing keg which will force the beer in the brewing keg over into the clean keg. This process will take roughly 10 minutes to complete. Do not leave the Pico or kegs unattended while racking beer.
How much money can a nano brewery make?
Realistically, you should be able to get at least 130 pints per keg, assuming a standard 16 oz glass and a head of about 3/4 of an inch for the beer. At $4/pint, that’s roughly $520 profit per keg, not counting any day-to-day expenses.
Can a Nanobrewery be profitable?
I won’t break into the financials here (Audra Gaiziunas does a very thorough job of that in her article), but a small brewery can easily be profitable selling around 500 barrels per year, if even half of those sales are done in one’s own taproom.