About this raise: Debellation Brewing Company is raising funds on MainVest. It is the first craft beer brewery in the city of Richmond Hill, Georgia, offering new styles and flavors of beer. Debellation Brewing Company makes unique flavors of premium craft beer using high-quality raw materials. The brewery will operate both as a producer and retailer and aims to take benefit of the owners’ built-in customer base. David Goodell founded Debellation Brewing Company in 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $25,000. The campaign proceeds will be used to meet the increased material costs of architect plans.

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Investment Overview

Invested this round: $30,000

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
09/15/2023
Close Date
09/29/2023
Min. Goal
$20,000
Max. Goal
$25,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Location
Richmond Hill, Georgia
Company Website
Visit Website

Team

Employees
2

Financials

as of Fiscal Year 2022
 Revenue
$0
 Cash on Hand
$2,486
Gross Margin
79%

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$538,940

$267,116

COGS

$113,705

$37,371

Tax

$0

$0

 

 

Net Income

$20,613

$-34,506

Summary Balance Sheet

FY 2022 FY 2021

Cash

$2,486

$6,487

Accounts Receivable

$0

$0

Total Assets

$335,912

$367,928

Short-Term Debt

$0

$46,493

Long-Term Debt

$204,413

$227,227

Total Liabilities

$204,413

$273,720

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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 Company on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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