West Hartford’s better than expected taste for craft beer has led to improved results for World of Beer’s parent company.
Harrison, Vickers and Waterman Inc., doing business as the Attitude Beer Holding Co., reported today higher revenues than originally expected from its West Hartford World of Beer tavern in Blue Back Square. The location recorded $3.4 million in revenues in its first fiscal year of operation since the 4,000-square-foot tavern opened in Jan. 2015. The company also recorded net income of $171,557.
CEO Roy Warren said in a statement, “This is the first of several World of Beer taverns we will be opening. These results prove the profitability of these franchises, and that profitability will only increase as we add more locations, allowing us to receive volume discounts from area vendors.”
Through their joint venture with New England WOB LLC and Southeast Florida Craft LLC (same partners) the company is developing World of Beer franchised locations in the state of Connecticut, Greater Boston area as well as Dade and Broward counties in Florida.
