Sep 28, 2011 at 9:31 am
MINNEAPOLIS (AP) - A developer who wants to open a microbrew pub in Minneapolis has a unique business plan.
For a $1,000 investment, neighbors can be part owner of the Smokehouse Brewpub and get free beer for life. Developer Jamie Robinson says free beer is among the equity options for the $800,000 restaurant and bar. The project needs $175,000 for a down payment and is targeting investors $1,000 at a time.
Kelly Neisen has seized the opportunity. Neisen says as a homeowner she has a stake in seeing her neighborhood succeed.
Minneapolis council member Gary Schiff says people crave something authentic, not a "cookie cutter'' business they could get in any suburb.
KARE-TV reports that if all goes as planned the Smokehouse Brewpub could open next May.
Temp: -8°F (-22°C)
Wind: Calm N