About this raise: Debellation Brewing Co., an upcoming brewery in Richmond Hill, GA, is raising crowdfunding on MainVest. It is going to be the first craft beer brewery in the city of Richmond Hill, offering new styles and flavors of the beer. The brewery will make twelve unique flavors of premium craft beer using high-quality raw material. David Goodell founded Debellation Brewing Co. in 2019. The proceeds of the current crowdfunding round, with a minimum raise of $15,000 and a maximum raise of $25,000, will be used for brewery buildout and startup capital. Debellation Brewing Co. is led by an extremely experienced team with prior knowledge of restaurant ownership. The brewery will be built at a prime location and among a community of loyal customers.

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Investment Overview

Invested this round: $66,500

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
11/19/2020
Close Date
01/15/2021
Min. Goal
$15,000
Max. Goal
$25,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Company & Team

Company

Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Richmond Hill, Georgia
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Founder Name
David Goodell
Title
CEO
Founder Name
Teresa Goodell
Title
Treasurer

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Debellation Brewing Company 12/15/2023 MainVest - $24,500 Revenue Share Funded RegCF
Debellation Brewing Company 09/29/2023 MainVest - $30,000 Revenue Share Funded RegCF
Debellation Brewing Company 05/27/2023 MainVest - $30,000 Revenue Share Funded RegCF
Debellation Brewing 04/09/2021 MainVest - $13,200 Revenue Share Funded RegCF
Debellation Brewing 02/24/2021 MainVest - $30,000 Revenue Share Funded RegCF
Debellation Brewing 01/15/2021 MainVest - $66,500 Revenue Share Funded RegCF
Debellation Brewing 11/11/2020 MainVest - $65,500 Revenue Share Funded RegCF
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Growth Charts

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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Debellation Brewing Co. on MainVest
Platform: MainVest
Security Type: Revenue Share

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