Charis Winery & Distillery

Charis Winery & Distillery

Mountain Made Wine and Distilled Spirits

Mountain Made Wine and Distilled Spirits

Overview

Raised to Date: Raised: $13,450

Total Commitments ($USD)

Platform

Honeycomb

Start Date

05/07/2024

Close Date

06/06/2024

Min. Goal
$30,000
Max. Goal
$60,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.50%

Term Length

3.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/22/2024

Days Remaining

14

% of Min. Goal

45%

% of Max. Goal

22%

Likelihood of Max
unlikely
Avg. Daily Raise

$897

# of Investors

23

Momentum
cool.svg
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Year Founded

2012

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Cumberland, Maryland

Business Type

Life Style

Charis Winery & Distillery is raising funds on Honeycomb. The winery and distillery is located in Cumberland, Maryland, and is known for its exquisite craft wines and spirits. Charis Winery & Distillery produces well-crafted wines and spirits and invites connoisseurs and enthusiasts to indulge in the art of winemaking and distillation. The winery and distillery has a loyal customer base and has won several awards over the past eleven years. Charles Park founded Charis Winery & Distillery in July 2012. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used for refinancing high-interest debt, marketing, and upgrading the outdoor patio canopy.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$209,301

$221,424

COGS

$63,740

$54,985

Tax

$0

$0

 

 

Net Income

$-19,702

$-11,440

Summary Balance Sheet

FY 2023 FY 2022

Cash

$2,439

$3,081

Accounts Receivable

$0

$0

Total Assets

$51,513

$52,156

Short-Term Debt

$22,724

$39,750

Long-Term Debt

$22,734

$26,304

Total Liabilities

$45,458

$66,054

Financials as of: 05/07/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Charis Winery & Distillery 06/05/2024 Honeycomb - $13,450 Debt Active RegCF
Charis Winery & Distillery 04/15/2023 StartEngine $2,537,600 $60,277 Equity - Common Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Charis Winery & Distillery on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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