Atlas Brew Works - Alexandria Expansion
Brewery
Overview
Raised: $248,800
Total Commitments ($USD)
Platform
MainVest
Start Date
03/06/2023
Close Date
05/19/2023
Min. Goal
$200,000
Max. Goal
$400,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.20X
Rev. Share %
1.50%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,408
# of Investors
151
Momentum
Funded
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Year Founded
2022
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Atlas Brew Works - Alexandria Expansion is raising funds on MainVest. The business makes high-quality beer in the DC area and now plans to expand to Alexandria, Virginia. The current location reported a 30% revenue growth in 2021 and a 22% distribution growth in 2022. The new Alexandria expansion will be located at a prime location within the Carlyle Crossing development and will carry the legacy of Atlas Brew Works to Virginia. Justin Cox founded Atlas Brew Works - Alexandria Expansion in December 2022. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $400,000. The campaign proceeds will be used for the construction of the new location.
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: 03/06/2023
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