Aristotle Spirits

Early Stage

Gold Medal winning distillery building whiskey operations

Analytics

Raised to Date: Raised: $54,550

Aggregate Commitments $

Platform

Wefunder

Start Date

05/23/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$4,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

109%

% of Max. Goal

22%

Likelihood of Max
extremely
Avg. Daily Raise

$1,653

Momentum
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Location

Garner, North Carolina

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Aristotle Spirits, with a valuation of $4 million, is raising funds on Wefunder. The business makes small-batch craft spirits using a combination of passion and scientific precision. The craft spirit products of Aristotle Spirits are distilled in Garner, North Carolina, and sourced from local products. Aristotle Spirits has a loyal customer base and has recently won two gold medals at San Francisco World Spirits Competition. Jake Howland founded Aristotle Spirits in June 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, raw materials, equipment, building improvements, whiskey barrels, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$100,775

$358

COGS

$27,445

$0

Tax

$16,087

$2,772

 

 

Net Income

$-205,952

$-122,068

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$65,601

$21,719

Accounts Receivable

$3,498

$0

Total Assets

$486,932

$275,752

Short-Term Debt

$87,144

$951

Long-Term Debt

$508,583

$236,176

Total Liabilities

$595,728

$237,127

Financials as of: 05/23/2022
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Aristotle Spirits on Wefunder 2022
$
Platform: Wefunder
Security Type: Convertible Note
Valuation: $4,000,000

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