5th Element Brewing

Early Stage

Brewery

Analytics

Raised to Date: Raised: $61,300

Aggregate Commitments $

Platform

MainVest

Start Date

09/20/2021

Close Date

01/12/2022

Min. Goal

$20,000

Max. Goal

$120,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Series

Seed

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

38

% of Min. Goal

307%

% of Max. Goal

51%

Likelihood of Max
unlikely
Avg. Daily Raise

$807

Momentum
cool.svg
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Location

Leander, Texas

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

5th Element Brewing is raising funds on MainVest. It is a craft nano-brewery located in Leander, Texas. The brewery aims to house its production facilities and brewpub in a historic building in old town Leander to retain the old flavor of the town. 5th Element Brewing is focused on good beer, good people, and good life and plans to craft beers, including Red Horn, Humble Pint, Oasis, Whitestone, and Bluebonnet. Michael Brune and Kimberly DeStefano founded 5th Element Brewing in April 2017. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $60,000. The campaign proceeds will be used to complete renovations, upgrade electrical power, and have working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$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: 09/20/2021
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5th Element Brewing on MainVest 2021
$
Platform: MainVest
Security Type: Revenue Share Note

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