The Florida Breweries Report – July 2019

Florida brewers snapped a three-month slide in monthly taxpaid sales growth, posting almost 8% growth in July 2019.

Monthly Highlights

• Six new Florida breweries in July 2019: Nine State Brewery (Inverness), Bay Cannon Beer Company (Tampa), Ology Brewing Co. (Power Mill) (Tallahassee), Orange Blossom Brewing (Orlando), Gulfport Brewery + Eatery (Gulfport), and Blue Springs Brewing (Orange City).
• No Florida brewery upgraded from a brewpub license (CMBP) to a production brewery  license (CMB) in July 2019. Breweries with a CMB license can start fill growlers, sell bottled or canned products for consumption off premises, and sell to licensed distributors. Where a brewery upgrades its license, the tables below denote the CMBP license with * and the CMB license with ^.
• In July 2019, the total number of licensed breweries stood at 359. Of those, 302 breweries reported taxpaid sales in July.
• Month-to-month taxpaid sales rose by 7.78% in July 2019. Total taxpaid sales during the rolling last-twelve-months (LTM) rose by 0.70%. Compared to July 2018, LTM taxpaid sales were up by 12.82% in July 2019.
• For reporting breweries, the average taxpaid sales per brewery in July 2019 was 28.3 barrels, a monthly increase of 1.5 barrels per brewery.
• In July 2019, Florida breweries’ taxpaid sales accounted for 0.84% of all beer sales in Florida (8.4 out of 1,000 beers sold).

Would you like The Florida Breweries Report as an Excel spreadsheet? Reports for this month and all months back to January 2015 are available at this link: http://bit.ly/FLBreweries.

Comparison of Florida Breweries Taxpaid Sales to All Sales

In this table, we compare the taxpaid sales by Florida breweries as compared to all beer sales subject to tax in Florida. Most of what a brewery pays taxes on is the sale of its own beer at retail in a taproom or a brewpub. In the following table, we compare this number to all the taxable beer sales in Florida, which includes breweries’ retail sales of their own beer and all sales by Florida distributors.

Florida Breweries Monthly Taxpaid
Sales

The next table shows each Florida brewery’s taxpaid sales volume for the month of July 2019. Not every Florida brewery makes retail sales in a taproom or brewery.

Florida Breweries’ LTM Taxpaid
Sales

Our next table shows retail sales by each brewery for the last 12 months (LTM) ending July 2019.

Florida Breweries’ LTM Growth in
Taxpaid Sales

Our next table looks at the change in each brewery’s LTM taxpaid sales from last month. This provides an estimate of a brewery’s growth rate from one month to the next, at least to the extent of retail sales. The rightmost column identifies breweries that have less than 12 months of reported taxpaid sales.

Florida Breweries With No
Reported Activity

Each month, a number of breweries report no retail sales or other taxable activities. The next table lists the licensed breweries that reported no activity for the twelve months through July 2019.

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