The Craft Lager & Small Batch Festival planned for Saturday in Manitou Springs has been canceled because of flooding on Friday.

Equipment set up in Memorial Park for the event was a "complete loss," according to organizers Facebook page. Also, the park is closed because of the flood.

Organizers are looking at several options, including holding the event Sunday in Colorado Springs or rescheduling for a later date.

Check the Craft Lager Festival Facebook page for updates.