Alchemy Wine & Beer

Restaurants And Bars

Overview

Raised to Date: Raised: $14,720

Total Commitments ($USD)

Platform

SMBX

Start Date

01/13/2023

Close Date

02/27/2023

Min. Goal

$50,000

Max. Goal

$124,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Interest Rate

9.50%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

25

% of Min. Goal

29%

% of Max. Goal

12%

Likelihood of Max
unlikely
Avg. Daily Raise

$736

Momentum
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Location

Hamburg, New York

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

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

Most Recent Year Prior Year

Revenue

$548,450

$380,296

COGS

$208,589

$121,465

Tax

$0

$0

 

 

Net Income

$220,341

$32,732

Summary Balance Sheet

Most Recent Year Prior Year

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: 01/13/2023
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Alchemy Wine & Beer on SMBX 2023
$
Platform: SMBX
Security Type: Debt

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