Tampa Heights Brewery Files for Chapter 11
A Tampa Heights brewery has filed for bankruptcy reorganization and will close its tasting room on December 20.
Updated on Nov. 13, 2026 in Beer
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A Tampa Heights brewery filed for Chapter 11 bankruptcy reorganization on November 11 in the Middle District of Florida bankruptcy court. The company said it could not reach an agreement with a new ownership group that terminated its lease after acquiring the building.
Why it matters
The filing reflects pressure on local craft breweries, with dozens of Tampa Bay breweries, bars and restaurants closing this year. For Tampa residents, it marks the loss of a neighborhood taproom that has operated in the Tampa Heights block since 2015.
The filing lists about $1.67 million in debt, with creditors including Celtic Bank Corporation, American Express, City of Tampa Utilities and the Florida Department of Revenue. Annual gross revenue dropped to $403,390 in 2025 from $511,600 in 2024, and how the reorganization will settle those obligations has not been disclosed.
The players
Channelside Partners LLC
Channelside Partners LLC is a company tied to Raj Patel that acquired the building at the center of the brewery's lease dispute.
Abacus Ybr LLC
Abacus Ybr LLC is a company tied to Raj Patel that co-acquired the Tampa Heights building with Channelside Partners LLC.
The details
The brewery plans to shift to a distribution and wholesale model, selling its beers at local bars and grocery stores rather than operating a taproom. The building at 1631 N Franklin St. was acquired last August for $4.15 million by Channelside Partners LLC and Abacus Ybr LLC, whose ownership group ended the brewery's lease.
Timeline
August 2025: The building was acquired for $4.15 million.
2025: Annual gross revenue fell to $403,390.
November 3, 2026: The brewery announced it would close its tasting room.
November 11, 2026: The Chapter 11 filing was made.
December 20, 2026: The tasting room is scheduled to close.
Market Landscape
The filing comes as dozens of Tampa Bay breweries, bars and restaurants have closed this year, a pattern that points to rising real-estate costs and thinner margins for small food and drink operators. The brewery's shift toward wholesale distribution mirrors a broader move by local craft producers away from on-site taproom revenue.
Tampa beer drinkers who visit the Tampa Heights taproom will need to find the brewery's beers at bars and grocery stores after December 20. The shift to wholesale distribution means the brewery's products will be sold through third-party retailers rather than on-site.
The takeaway
Small breweries that depend on taproom sales face mounting pressure from rising property costs and shrinking revenue. Readers who want to support local producers can look for their beers at neighborhood bars and grocery stores.
What happens next
The tasting room is scheduled to close on December 20, 2026, when the brewery is expected to search for a new location.
Further reading
For more on local drinks coverage, see Beer in Tampa.
Source note: This article includes information reported by Creative Loafing: Tampa Bay.
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