In December 2015, Alter Brewing launched its taproom and production facility in the Chicago suburb of Downers Grove, Illinois, during the height of the craft beer boom, when the number of U.S. craft breweries surged from 2,400 in 2012 to around 8,200 by 2019. With such rapid growth, Alter Brewing realized it could no longer rely on distribution alone to meet its business goals. To adapt, the company pivoted toward hospitality, opening its first restaurant in May 2020 in St. Charles, IL.
Despite opening during the pandemic, the new location began to thrive as COVID became a concept many were ready to put in the rear view mirror, according to Alter Brewing President Ken Hendricks. “Restaurants became beacons of gathering and socialization with unwavering support from the community,” he said. Encouraged by this success, Alter Brewing expanded further, opening a second restaurant in Oak Brook, IL, in December 2022.
However, inflationary pressures in 2023 and 2024 presented new challenges. “Cost inputs surged as the spending power of our core guests declined,” Hendricks explained. “In short, folks simply couldn’t afford to come out as frequently as they wanted.” With consumer spending habits shifting, Alter Brewing recognized the need to adjust its strategy again.
“Great beer and great food in a great location isn’t enough,” Hendricks said. “As people became more discerning with their spending, we needed to enhance the experience we provide. And, as sports fanatics, we want to offer the best sports viewing in the area.”
Ambiance with Excitement