Hydra Beer Co. stops brewing, looks for buyer
May 16, 2019
Hydra Beer Co. has stopped brewing, and the business is for sale.
Chad Petit said he and partner Nick Murphy have started different careers and are operating Hydra as a taproom, selling other craft beers.
“We’re ready to move on to new things,” said Petit, who’s now a real estate agent with Re/Max. “It’s probably something I should have done a long time ago.”
They’ve had the business — its equipment, recipes and brand — on and off the market for about four months as they’ve worked with prospective buyers.
As for the future of Hydra if a buyer doesn’t materialize, “we’re playing it by ear,” Petit said. “If it continues to pay the bills, pay the staff, we would keep it going as a taproom.”
Hydra opened its brewery and taproom in December 2015 in a retail center at 2425 S. Shirley Ave. near Century movie theater. It opened a second taproom in October 2017 in downtown, but that location closed a year later.