1487 Brewery
Brewery
Overview
Raised: $55,100
Total Commitments ($USD)
Platform
MainVest
Start Date
08/31/2020
Close Date
01/06/2021
Min. Goal
$12,500
Max. Goal
$200,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$434
# of Investors
85
Momentum
Funded
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Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
1487 Brewery, a brewery in Plain City, OH, is raising funds on MainVest. The company sells authentic German beer with a modern American twist. The brewery currently sells curb-side and online and is ready to launch its new brewpub. Ben King and Thomas Garbe founded 1487 Brewery in 2016. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $200,000, will be used for kitchen and brewery equipment and bar & Biergarten FF&E. 1487 Brewery is actively brewing its beers for the brewpub and getting through the permits for its kitchen. The brewpub has 26 socially-distanced tables, with a pavilion and a stone natural gas fire pit.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$54,167 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-282,375 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/31/2020
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