Burghers Brewing Co

Burghers Brewing Co

Burghers Brewing Co is raising funds on Honeycomb. It is a burger spot and craft brewery in Millvale, Pennsylvania. Burghers Brewing Co is focused on local, ethical, and sustainable practices and uses thoughtfully sourced ingredients to create its smash burgers and carefully brewed beers. The business has received a Silver Medal in the Smoked Beer category for the Smoke Control Smoked Helles and a Platinum Sustainability Award from Sustainable Pittsburgh. Fiore Moletz and William Glausier founded Burghers Brewing Co in July 2010. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for construction, opening, and operating costs.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
11/26/2024
Close Date
12/23/2024
Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2010
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Millvale, Pennsylvania
Business Type
Life Style
Company Website
Visit Website

Team

Employees
50
Prior Founder Exits?
No
Founder Name
Fiore Moletz
Title
Co-Owner and President
Founder Name
William (Neil) Glausier
Title
Vice President and Co-Owner

Funding data not publicly available

Financials

as of Fiscal Year 2023
 Revenue +5% YoY
$2,893,899
 Monthly Burn
$1,633
 Runway
24+ months
Gross Margin
80%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,893,899

$2,765,610

COGS

$584,006

$634,853

Tax

$0

$0

 

 

Net Income

$-19,598

$117,759

Summary Balance Sheet

FY 2023 FY 2022

Cash

$164,519

$691,215

Accounts Receivable

$0

$0

Total Assets

$1,832,841

$1,036,762

Short-Term Debt

$40,598

$179,344

Long-Term Debt

$1,369,433

$415,050

Total Liabilities

$1,410,031

$594,394

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/23/2024 Honeycomb - $0 Debt Active RegCF
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Burghers Brewing Co on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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