Bircus

Bircus

Early Stage

Brewery

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

MainVest

Start Date

01/23/2024

Close Date

03/22/2024

Min. Goal
$40,000
Max. Goal
$124,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$500.00

Pre-Money Valuation

$15,000,000

Year Founded

2012

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Location

Ludlow, Kentucky

Business Type

Life Style

Bircus, with a valuation of $15 million, is raising funds on MainVest. It is a one-of-a-kind destination brewery where the world of circus and love of craft beer and great food live together. Bircus is housed within the Ludlow Theatre and has a built-in entertainment schedule of circus, pro wrestling, stand-up comedy, and live music. The business has won several awards and has a number of strategic partnerships. Paul H Miller founded Bircus in March 2012. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $124,000. The campaign proceeds will be used for canning operations, cider production, working capital, marketing, merchandise, landscape Bircus expansion site, Bircus Kenya, and legal and accounting fees.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$851,697

$653,083

COGS

$206,015

$167,671

Tax

$56,934

$72,820

 

 

Net Income

$-430,305

$-264,464

Summary Balance Sheet

FY 2022 FY 2021

Cash

$85,462

$37,592

Accounts Receivable

$0

$0

Total Assets

$599,168

$632,028

Short-Term Debt

$25,000

$25,000

Long-Term Debt

$500,210

$500,201

Total Liabilities

$525,210

$525,201

Financials as of: 01/23/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bircus Brewing Co. 05/16/2024 MainVest $15,000,000 $0 Equity - Common Not Funded RegCF
Bircus 03/21/2024 MainVest $15,000,000 $0 Equity - Common Not Funded RegCF
Bircus 03/30/2022 WunderFund $15,000,000 $166,925 Equity - Common Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Funding data not publicly available

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Bircus on MainVest 2024
Platform: MainVest
Security Type: Equity - Common
Valuation: $15,000,000
Price per Share: $500.00

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