Pros:
– Distilleries can provide high quality, locally made spirits that are not available in traditional retail outlets.
– There is potential for increased profits due to the craft nature of creating spirits.
– A distillery business provides an opportunity to create unique products with a local twist.
– Distilleries can have a significant impact on the local economy, providing jobs and increasing tourism.
Cons:
– Starting a distillery requires a large investment of capital, as well as knowledge and expertise in distilling spirits.
– The process of obtaining licensing and permits to operate a distillery is complex and time consuming.
– Distilling spirits involves the use of hazardous materials and processes, which can be dangerous if not managed properly.
– There is a risk market saturation in some areas, it difficult for new distiller to break into the industry. Additionally, regulations governing distilled spirits are stringent and must be followed closely.