Broken Anchor Winery
Wineries
Overview
Raised: $83,850
Total Commitments ($USD)
Platform
SMBX
Start Date
10/09/2022
Close Date
11/16/2022
Min. Goal
$15,000
Max. Goal
$50,000
Min. Investment
$10
Security Type
Debt
Payment Schedule
Monthly
SEC Filing Type
RegCF
Interest Rate
9.50%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,266
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Broken Anchor Winery is raising funds on SMBX. It is the first micro-winery in Acworth, Georgia, where people can sample various wines, whiskey, and cocktails. The business sources its grapes from its own estate in west Georgia and other vineyards to make unique and flavorful wines. Broken Anchor Winery has created a community where the guests enjoy their wines with the food offerings in a relaxed and local atmosphere. Joshua and Tiffany Carson founded Broken Anchor Winery in October 2018. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $50,000. The campaign proceeds will be used for rent, purchase of supplies, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$305,014 |
$169,682 |
|
COGS |
$147,691 |
$68,956 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-17,588 |
$-34,073 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$12,064 |
$369 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$180,997 |
$176,959 |
|
Short-Term Debt |
$241,620 |
$217,734 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$241,620 |
$217,734 |
Financials as of: 10/09/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.