Barrel Harbor Brewing

Early Stage

Gold medal California brewery ramping up distribution

Analytics

Raised to Date: Raised: $42,900

Aggregate Commitments $

Platform

Wefunder

Start Date

02/23/2018

Close Date

08/30/2018

Min. Goal

$50,000

Max. Goal

$107,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Price Per Share

$100.00

Pre-Money Valuation

$750,000

Rolling Commitments $

Status
Funded
Reporting Date

09/02/2018

Days Remaining
Funded
% of Min. Goal

86%

% of Max. Goal

40%

Likelihood of Max
Funded
Avg. Daily Raise

$228

# of Investors

78

Momentum
Funded
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Location

Vista, California

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Who Should Be Interested:
Do you love a really good craft beer -- especially when it’s Belgian-style? Do you want to support veteran owners? If you said yes, then Barrel Harbor Brewing could be the investment for you. They want to take their award-winning craft beers and start distributing them nationwide, so that everyone can enjoy and partake in their refreshing brews.

The Company:
Located on “Hops Highway” in Vista, California, Barrel Harbor Brewing is a brewery that stands out among other breweries. Veteran-owned and award-winning, it splashed onto the craft beer scene with four medals in four years, and they’ve hit the road running ever since. Their medals include one gold, one silver, and two bronze from San Diego International Beer Festival and the California Commercial Craft Brewers Competition, and they even beat out a Belgian brewery in the Belgian Dark Strong category. In 2017, they earned $709,100 in revenue, with a gross profit of $10 per keg, and they have a strong following. Two-thirds of their sales come from their two tap rooms, and the other third comes from off-site sales. Now, they want to expand their canning operation and distribute their brews nationwide so people all over the country can enjoy some Barrel Harbor brews.

The Bottom Line:
With a founder who’s been a brewer for 25 years, it’s clear that Barrel Harbor knows the industry -- and knows good craft beer. Taking their brews nationwide, with their award-winning success and strong fan base, is something we can all cheers to. Prost to that!
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Barrel Harbor Brewing on Wefunder
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Platform: Wefunder
Security Type: Equity - Common
Valuation: $750,000

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