Blinking Owl Distillery

Growth Stage
Beloved brand with international acclaim has big growth opportunities
Overview
Raised: $253,150
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/31/2022
Days Remaining
Funded
% of Min. Goal
506%
% of Max. Goal
25%
Likelihood of Max
Funded
Avg. Daily Raise
$3,836
# of Investors
143
Momentum
Funded
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Year Founded
2014
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Blinking Owl Distillery, with a valuation of $25 million, is raising funds on Wefunder. The company makes premium quality spirits using 100% organic California grains. The spirits of Blinking Owl Distillery are sold at its restaurant and can be found worldwide. Blinking Owl Distillery offers distillery tours, a menu with fresh and local ingredients, and its spirits, including vodka, gin, Aquavit, Bourbon whiskey, rye whiskey, and single malt whiskey. The business has won several awards and medals and has been featured in Forbes, Fortune, Bloomberg, and Whiskey Advocate. Brian Christenson, Robin Christenson, and Kirsten Vangsness founded Blinking Owl Distillery in February 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for ramping up spirit production and repayment of debt.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$1,222,761 |
$1,636,102 |
COGS |
$1,063,349 |
$961,369 |
Tax |
$34,414 |
$15,357 |
| ||
| ||
Net Income |
$-491,793 |
$-293,748 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$2,008 |
$16,005 |
Accounts Receivable |
$19,857 |
$107,848 |
Total Assets |
$1,204,790 |
$1,385,167 |
Short-Term Debt |
$757,486 |
$543,005 |
Long-Term Debt |
$1,521,350 |
$1,524,415 |
Total Liabilities |
$2,278,836 |
$2,067,420 |
Financials as of: 10/05/2022
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