The town of Woody Creek is in desperate need of a new tavern, and its owner says she’s willing to take a hit to get it.
“The last time we had a big business in the town, it was a liquor store,” said Todd Smith, who owns the Woody River Brewing Company.
“Now, I’m looking at a bar business, and it’s a really, really good business.”
He says he can only afford to invest $20,000 into a new place.
But the town is struggling.
A year ago, the town’s unemployment rate was just 3 per cent.
That was before the recession hit, and Smith says he’s had to lay off about 20 people.
“I had a couple of people come in who are no longer here, and I’m like, ‘Who are you, where are you from, what do you want to do?'” he said.
Smith says there’s a lot of turnover at the bar.
The town’s liquor license expires at the end of July, and he’s looking to find someone new to run the place.
He says there have been no openings since he bought the place in 2012.
“There’s been no real business activity, no sales, no nothing,” Smith said.
“We’ve been very, very quiet.
And I have to say that I’m just stunned.”
Smith says that when he bought it, he was a little worried.
“If you’re looking to do something with a brewery, or you’re thinking about selling something, you’re probably going to have a lot more money to spend,” he said, adding that the business could lose $5,000 per month.
“When you’re losing money, you don’t have time to sit at home and worry about everything, because you’re worried about what’s going to happen with the next sale.”
Smith said he is open to any offers he can get, but he wants to find a place that will make a good profit.
“It’s a great business to run, but it’s going down the drain when the business is gone,” he added.
The business has struggled to survive since it was purchased in 2012, but Smith says the community is behind him.
“People love it here.
The people here love the business.
The community is supportive.
We’re happy here,” he explained.
But in a community that has struggled in the past to rebuild after the economic recession, it could be tough to attract new business to a community struggling to get back on its feet.
The Beer Store is a local business and is hoping to get a new location in Woody.
The new store is set to open in the fall.
In the meantime, Smith said the beer community is struggling to come together to help the struggling business.
“This town is so small.
It’s so remote,” he says.
“Everybody has to support this town, and we need to support it.”