McMenamins is a family-owned chain of brewpubs , breweries , music venues , historic hotels, and theater pubs in Oregon and Washington. Many of their locations are in rehabilitated historical properties; at least nine are on the National Register of Historic Places . According to the Brewers Association , McMenamins is one of the top 50 largest craft breweries in the United States.
8-594: McMenamins was founded by brothers Mike and Brian McMenamin , who grew up in northeast Portland, Oregon . They trace the beginning of McMenamins to the 1974 opening of Produce Row Café . In 1985, McMenamins opened Oregon's first brewpub in the Southwest Portland neighborhood of Hillsdale. Their first theater pub was the Mission Theater & Pub (1987). The company then entered the broader hospitality business starting in 1990, when they converted
16-669: A 74-acre site (that at one time served as the Multnomah County Poor Farm ) into McMenamins Edgefield . By 1997, food accounted for over half of McMenamins' total sales. The company opened its 55th location in April 2018. While still primarily family-owned, in May 2020 McMenamins began raising $ 20 million from private investors in a Preferred Stock Offering to retire short-term debt as a result of COVID-19 shutdowns, to fund "secret projects" and to enable future expansion. This
24-469: The company had grown to 25 locations and $ 10 million in annual sales. Brian serves as the vice-president and general manager of the company, which is the fourth largest chain of brewpubs in the United States. He owns 30% of the brothers' share of the privately held company that grosses over $ 70 million annually. The brothers own 75% of the company. Brian is considered the "numbers guy" of
32-986: The company which operates more than 50 locations that include music venues such as the Crystal Ballroom , movie theaters such as the Bagdad Theatre , historic buildings converted to brewpubs like the Cornelius Pass Roadhouse , and several hotels. Brian McMenamin was born in Portland, Oregon , in 1957 to Robert W. and Pat McMenamin. He was raised in Northeast Portland where he attended Catholic schools , including local Madeleine Grade School and Jesuit High School in nearby Beaverton . He then went to Oregon State University in Corvallis where he studied pre-law, as his father
40-632: The current company. Mike McMenamin purchased the Fat Little Rooster bar in Southeast Portland in 1983, starting the company. He renamed it as the Barley Mill Pub and Brian soon joined the company. The next year the brothers and several others lobbied the state legislature to change Oregon's law that prohibited those making alcohol from selling it on the premises, allowing for the establishment of brewpubs . By 1991
48-469: Was an attorney. McMenamin graduated from the school in 1980 with a degree in political science. His older brother Mike was involved in several ventures involving taverns and pubs in the 1970s. Brian worked for his brother at Produce Row Café in Southeast Portland, before the two partnered to start McMenamins Pub in Hillsdale, in 1980 with financial assistance from their father. That pub is not part of
56-571: Was in-part driven by impacts from COVID-19 with total revenue for McMenamins down 50% in the first 5 months of 2020. Individually notable locations include: Brian McMenamin Brian McMenamin (born 1957) is an American businessman in the state of Oregon . A native of the state, he and his older brother Mike McMenamin founded the McMenamins restaurant and brewpub chain in 1983. He serves as general manager and vice-president of
64-590: Was the first time the company had opened direct investment in McMenamins, Inc. to those outside the McMenamin family. The private equity offering conferred preferred shares at $ 100,000 each in private placements to 150 to 200 high-income individuals. The shares do not carry voting rights for their holders but McMenamins indicated that investors could expect a 3% annual cumulative dividend and a 6.5% overall return. The decision to open McMenamins to outside investors
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