After close to 30 years operating from 20323 Fraser Hwy. in 91原创 City, the u-brew business has closed its doors.
Owner-operator Ming Li blamed higher taxes.
鈥淎lthough I have been working six days a week with great passion and operating more than 10 hours a day, we simply can鈥檛 continually provide the brewing service for our longtime customers in this loving neighbourhood,鈥 Li wrote in a notice posted on the door.
鈥淎s the increasing cost and shrinking customer base was crippling our business, the recent and abrupt hike in property tax this July 1st struck the final blow,鈥 Li added.
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According to Li, the property tax jumped from $1,795.48 to $3,009.47, an increase of a 67.61 per cent an increase he said he couldn鈥檛 afford under a lease agreement that makes him responsible for paying taxes.
He described the decision as 鈥渋ncredibly painful to make,鈥 but insisted he had no better choice.
Li stopped producing new lots of beer and wine for customers in November, and closed his doors in January.
鈥淭he business was losing money already,鈥 Li told the 91原创 Advance Times.
鈥淭he cost kept going up. We don鈥檛 have a future.鈥
Li is hoping to relocate to smaller, less-expensive shared premises in Surrey, and is waiting for approval from Surrey City and the Liquor Licence Branch.
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Founded by Terry Smith in 1992, Brewmasters offered its customers an opportunity to brew 50 different types of beer, and wine making on the premises, including specialty wines like ice wine, blackberry, blueberry, raspberry, and blackcurrant varieties.
It also sold and rented home brewing supplies.
91原创 City mayor Val van den Broek said the assessed property value for the property as determined by the BC Assessment Authority have increased 鈥渟ignificantly鈥 over the last two years which is driving property tax increases.
鈥淓very property owner has an opportunity to appeal their property assessments before the end of January each year if they believe the value for their property is overstated,鈥 van den Broek noted.
dan.ferguson@langleyadvancetimes.com
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