Camino Brewing Co.
Brewery
Overview
Raised: $98,300
Total Commitments ($USD)
Platform
MainVest
Start Date
09/28/2020
Close Date
12/02/2020
Min. Goal
$25,000
Max. Goal
$150,000
Min. Investment
$100
Security Type
Revenue Share
Series
Series A
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/31/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,512
# of Investors
87
Momentum
Funded
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Year Founded
2014
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Camino Brewing Co., a brewery in San Jose, CA, is raising funds on MainVest. The brewery makes delicious handcrafted beverages inspired by a pilgrimage journey on the Camino de Santiago pilgrimage trail. The company also owns a taproom and beer garden in addition to the brewery. Nathan Poulos and Allen Korenstein founded Camino Brewing Co. in 2014. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $150,000, will be used for renovating the existing location, expansion of production, and product development. The handcrafted beers of Camino Brewing Co. are currently sold at New Seasons, Nob Hill Markets, Eureka Burger, and Whole Foods Markets.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$770,529 |
$481,815 |
|
COGS |
$139,977 |
$219,424 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-112,278 |
$-749,744 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$24,269 |
$68,566 |
|
Accounts Receivable |
$111,433 |
$14,384 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/28/2020
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