Alchemy Wine & Beer

Alchemy Wine & Beer

Restaurants And Bars

Restaurants And Bars

Overview

Raised this Round: Raised: $63,730

Total Commitments ($USD)

Platform

SMBX

Start Date

01/12/2023

Close Date

02/27/2023

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

9.50%

Term Length

5.0 years

Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Location

Hamburg, New York

Business Type

Life Style

Alchemy Wine & Beer is raising funds on SMBX. The business offers the wine and beers of New Orleans in the city of Hamburg, New York. The wine selection of Alchemy Wine & Beer includes over 75 wines that are limited edition and boutique, while the beer selection includes over 50 beers. Alchemy Wine & Beer also hosts events, including live music, craft nights, workout classes, paint nights, artisan pop-up markets, and community gatherings. Anne McIntosh and Nicole Casell founded Alchemy Wine & Beer in October 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for leasehold improvements and working capital.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$548,450

$380,296

COGS

$208,589

$121,465

Tax

$0

$0

 

 

Net Income

$220,341

$32,732

Summary Balance Sheet

FY 2021 FY 2020

Cash

$206,304

$77,349

Accounts Receivable

$0

$0

Total Assets

$251,479

$114,202

Short-Term Debt

$31,138

$114,202

Long-Term Debt

$0

$0

Total Liabilities

$31,138

$114,202

Financials as of: 01/12/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Alchemy Wine & Beer on SMBX 2023
Platform: SMBX
Security Type: Debt

Follow company

Follow Alchemy Wine & Beer on SMBX 2023

Buy Alchemy Wine & Beer's Deal Report

Warning: according to the close date for this deal, Alchemy Wine & Beer may no longer be accepting investments.

Alchemy Wine & Beer Deal Report

Get KingsCrowd’s comprehensive report on Alchemy Wine & Beer including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Alchemy Wine & Beer is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Alchemy Wine & Beer deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge