Brewability
Restaurant
Overview
Raised: $20,850
Total Commitments ($USD)
Platform
Honeycomb
Start Date
10/11/2023
Close Date
12/04/2023
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
13.00%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
2
% of Min. Goal
83%
% of Max. Goal
21%
Likelihood of Max
Avg. Daily Raise
$401
# of Investors
29
Momentum
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Year Founded
2015
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Brewability is raising funds on Honeycomb. It is a brewery and pizzeria in Englewood, Colorado. The business is devoted to inclusivity and empowerment in addition to delicious food and exceptional beer. Brewability offers craft beer, pizza, and a dance floor and serves the community by being inclusive to adults with developmental disabilities. The business has received several mentions and accolades for its social work and vibrant atmosphere by BBC, The LA Times, ESPN, Women of Denver Magazine, and more. Tiffany Fixter founded Brewability in August 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for reprinting menus, adaptive dining kits, and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$321,730 |
$437,000 |
|
COGS |
$203,929 |
$80,237 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-130,605 |
$56,258 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$8,737 |
$8,737 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$30,737 |
$51,678 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/11/2023
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