We will buy your whisky back once we have determined that your barrel has reached maturation (no earlier than 3 years and no later than 5 years). We will pay out the purchase price + the compounded return.
We store the barrels in our ATO monitored bond store. The location of the bond store will be disclosed upon purchase of your barrels. The Australian Taxation Office can conduct an audit at any point without providing notice to make sure our records are up to date and barrels are being managed and maintained properly. We cannot relocate or remove your barrel from the bond store without requesting permission from the ATO.
The quick answer is that the whisky in the barrel is worth about double the buy-back price. We have wholesale opportunities to supply our spirit to international and national markets each wanting all of the whisky we can produce.
Every barrel goes through sampling and testing. When a barrel is getting closer to maturation (between 3 to 5 years) we will then test it every 6-12 months until we determine that it has reached the perfect flavour profile.
All barrels come with a buy-back contract attached. This contract allows you to keep up to half the whisky in the barrel and the distillery will buy the remainder back. For example: If you keep 10% of the matured whisky, we will buy the remaining 90% of the whisky, and pay you 90% of the buy-back amount on a pro rata basis. or If you keep 50%, we will buy the remaining 50% of the whisky and pay you 50% of the buy-back amount. Note: You do not have to keep any whisky at the end if this is just an investment for you.
It is rare, but if your barrel were to leak, we have several options to rectify the issue at no additional cost to you. We can either fix the barrel and top it up with spirit from one of our barrels, replace it with one of our barrels or we could make an insurance claim.
Every barrel is registered through a national register managed by the federal government called the Personal Property Securities Register
Your barrel is stored in an ATO monitored bond store, which means we can not relocate your barrel without permission from the ATO and they can audit us at any point
Your barrels are fully insured
Our contract offers fixed, compounding returns
The legally binding buy back contract means you will be cashed out within 3 to 5 years without having to find a buyer yourself.
