Broken Clock Brewing Cooperative

Broken Clock Brewing Cooperative

Early Stage

Brewery

Brewery

Overview

Raised this Round: Raised: $203,550

Total Commitments ($USD)

Platform

Silicon Prairie Online

Start Date

06/29/2022

Close Date

09/30/2022

Min. Goal
$200,000
Max. Goal
$250,000
Min. Investment

$50

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

0%

Year Founded

2015

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Location

Minneapolis, Minnesota

Business Type

Life Style

Broken Clock Brewing Cooperative is raising funds on Silicon Prairie Online. It is a member-owned brewery in Minneapolis that makes high-quality beer through collaboration within the community. The cooperative distributes beer to restaurants and liquor stores and also has its own taproom. Broken Clock Brewing Cooperative is an active participant in building the community and has partnerships with Tiny Footprint, Gus Dean Coffee, Brewing Change Collaborative, and Campaign to Save the Boundary Waters. Jeremy Mathison founded Broken Clock Brewing Cooperative in September 2015. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $250,000. The campaign proceeds will be used for product expansion and taproom and event space.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$600,299

$558,218

COGS

$168,250

$159,965

Tax

$113,001

$100,738

 

 

Net Income

$93,794

$35,800

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$198,936

$96,880

Accounts Receivable

$5,392

$11,881

Total Assets

$692,389

$363,618

Short-Term Debt

$188,654

$52,617

Long-Term Debt

$402,141

$319,001

Total Liabilities

$590,795

$371,618

Financials as of: 06/29/2022
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Broken Clock Brewing Cooperative on Silicon Prairie Online 2022
Platform: Silicon Prairie Online
Security Type: Convertible Note

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