Salt Lake City’s Kiitos Brewing files Chapter 11 amid industry decline

Kiitos Brewing’s broad lineup of IPAs, sours, lagers and non-alcoholic options was not enough to keep the Salt Lake City brewery out of bankruptcy court. The company filed a voluntary Chapter 11 Subchapter V petition on April 24 in the U.S. Bankruptcy Court for the District of Utah, listing estimated assets of roughly $100,001 to $500,000 and liabilities between $1 million and $10 million.

The early case paperwork already includes tax summaries, depreciation schedules and a balance-sheet summary. Kiitos is being represented by Andres Diaz of Diaz & Larsen. For a small brewery, Subchapter V is meant to offer a faster, less expensive reorganization path than a traditional Chapter 11 case, and Kiitos now has that breathing room while it tries to reset under court supervision.

For taproom customers, the immediate picture is more practical than dramatic. Kiitos says its room at 608 West 700 South in Salt Lake City is open seven days a week, with warehouse seating on Friday and Saturday nights from 5 to 10 p.m., and cans available to go. The brewery has not publicly commented on the filing, but business is expected to continue as usual during the restructuring process. That means a regular can still walk in for a pint, even as the company’s finances move through federal court.

The filing lands in a rough stretch for the broader craft beer business. The Brewers Association said U.S. craft beer production fell 5.1% in 2025, and its April 2026 report said craft brewers slightly increased market share even as production slipped. That mix, less volume but a sliver more share, is exactly the kind of market squeeze that can expose how fragile a mid-sized brewery can be once rent, ingredients, labor and debt all keep moving in the wrong direction.

Kiitos has tried to stand out with more than just beer styles. Its website identifies founder Andrew Dasenbrock, a Utah native, and calls the brewery his long-time dream. The company also lists Adam Bulson as head brewer and positions Kiitos as a canning, brewing and on-site sales operation in the Granary District, an area Salt Lake City redevelopment materials describe as a former industrial and railroad corridor now being reshaped through mixed-use and adaptive reuse. The lesson here is blunt: a wide portfolio can help a brewery survive a bad season, but it is not a shield when the market weakens enough and the balance sheet gets heavy enough to force a filing.