Black Hammer Brewing

Black Hammer Brewing

Growth Stage

More Than Just The Beer

More Than Just The Beer

Overview

Raised to Date: Raised: $110,422

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/25/2024

Close Date

07/01/2024

Min. Goal
$14,999
Max. Goal
$617,999
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.12

Pre-Money Valuation

$11,200,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/01/2024

Days Remaining

60

% of Min. Goal

736%

% of Max. Goal

18%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,984

# of Investors

75

Momentum
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Year Founded

2024

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Location

San Francisco, California

Business Type

Growth

Black Hammer Brewing, with a valuation of $11.2 million, is raising funds on StartEngine. It is an award-winning craft brewery in San Francisco, California that specializes in gluten-removed beers. Black Hammer Brewing uses a unique process to remove gluten from beers for happier tummies and also offers non-alcoholic drinks and hard seltzers. The business has two locations and wholesale operations and generated $2.4 million in revenue in 2023. James Andrew Furman and Kevin Albert Jackey founded Black Hammer Brewing in March 2024. The current crowdfunding campaign has a minimum target of $14,994.04 and a maximum target of $617,999.20. The campaign proceeds will be used for expansion, enhancement of brewing operations, improvement of existing facilities, expansion-related activities, and ongoing operational improvements.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,735,457

$2,320,453

COGS

$755,056

$633,048

Tax

$0

$0

 

 

Net Income

$-318,898

$-10,869

Summary Balance Sheet

FY 2023 FY 2022

Cash

$36,593

$145,458

Accounts Receivable

$25,083

$16,970

Total Assets

$265,960

$414,534

Short-Term Debt

$573,642

$373,145

Long-Term Debt

$620,847

$651,020

Total Liabilities

$1,194,489

$1,024,165

Financials as of: 03/25/2024
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Black Hammer Brewing on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $11,200,000
Price per Share: $1.12

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