Back Porch Brewing

Back Porch Brewing

Closed: Jun. 2021

About this raise

Back Porch Brewing, a brewery in Carlisle, PA, is raising crowdfunding on MainVest. The business is established as a home-based brewing operation and plans to expand to a commercial location. The brewery makes unique and good-tasting craft beers. Tim Wickard and Rod Harman founded Back Porch Brewing in 2019. The current crowdfunding round has a minimum target of $20,000 and a maximum target of $50,000, and the funds will be used to build a commercial kitchen and complete renovations. Back Porch Brewing will be located at an excellent location and cater to both locals and tourists.

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Investment Overview

Invested this round: $21,400

Deal Terms

Total Commitments

Platform
MainVest
Start Date
04/28/2021
Close Date
06/25/2021
Min. Goal
$20,000
Max Goal
$50,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Carlisle, Pennsylvania
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Timothy Wickard
Title
Co-Owner
Founder Name
Rod Harman
Title
Co-Owner

Financials

 Revenue
$19,663
 Monthly Burn
$818
 Runway
1.3 months
Gross Margin
24%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$19,663

$63

COGS

$14,868

$0

Tax

$2,770

$0

 

 

Net Income

$-9,817

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,040

$2,128

Accounts Receivable

$0

$0

Total Assets

$45,188

$46,055

Short-Term Debt

$13,533

$6,664

Long-Term Debt

$18,123

$25,000

Total Liabilities

$31,656

$31,664

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/25/2021 MainVest - $21,400 Revenue Share Funded RegCF
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Back Porch Brewing on MainVest
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Back Porch Brewing may no longer be accepting investments.

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