Black Hammer Brewing

Black Hammer Brewing

[Closed for Investment] Black Hammer Brewing is raising funds on SMBX. It is a brewery based in San Francisco, California, and known for its balanced lagers and ales. Black Hammer Brewing promotes inclusivity and self-expression through its beer and brewery and makes sure that everyone feels welcomed and appreciated as they truly are. The business sells its beer through its brewery, beer garden, and retail locations and has a loyal customer base. James Furman and Kevin Jackey founded Black Hammer Brewing in January 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used to refinance existing debt.

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Investment Overview

Raised this Round: Raised: $153,160

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
10/29/2024
Close Date
12/10/2024
Min. Goal
$10,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2014
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Location
San Francisco, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
31
Prior Founder Exits?
No
Founder Name
James Furman
Title
CEO
Founder Name
Kevin Jackey
Title
Co-Founder

Financials

as of Fiscal Year 2023
 Revenue +14% YoY
$1,173,515
 Monthly Burn
$18,737
 Runway
0.4 months
Gross Margin
72%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,173,515

$1,026,481

COGS

$326,865

$222,433

Tax

$0

$0

 

 

Net Income

$-224,841

$-218,795

Summary Balance Sheet

FY 2023 FY 2022

Cash

$6,722

$77,476

Accounts Receivable

$86,417

$16,970

Total Assets

$294,159

$342,670

Short-Term Debt

$628,868

$451,889

Long-Term Debt

$644,542

$645,192

Total Liabilities

$1,273,410

$1,097,081

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/10/2024 SMBX - $153,160 Debt Funded RegCF
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Black Hammer Brewing on SMBX 2024
Platform: SMBX
Security Type: Debt

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

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