Overview

Raised this Round: Raised: $30,000

Total Commitments ($USD)

Platform

MainVest

Start Date

03/26/2023

Close Date

05/27/2023

Min. Goal
$25,000
Max. Goal
$35,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.20X

Rev. Share %

0.85%

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

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. The brewery makes unique flavors of premium craft beer using high-quality raw materials. Debellation Brewing Company is led by an experienced team 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 $25,000 and a maximum target of $35,000. The campaign proceeds will be used for the buildout of the upper deck, electrical parts and labor, miscellaneous buildout, and purchasing a fermentation tank.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$267,116

$0

COGS

$37,371

$0

Tax

$0

$0

 

 

Net Income

$-34,506

$0

Summary Balance Sheet

FY 2021 FY 2020

Cash

$6,487

$0

Accounts Receivable

$0

$0

Total Assets

$367,928

$0

Short-Term Debt

$46,493

$0

Long-Term Debt

$227,227

$0

Total Liabilities

$273,720

$0

Financials as of: 03/26/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Debellation Brewing Company 12/14/2023 MainVest - $24,500 Revenue Share Funded RegCF
Debellation Brewing Company 09/28/2023 MainVest - $30,000 Revenue Share Funded RegCF
Debellation Brewing Company 05/26/2023 MainVest - $30,000 Revenue Share Funded RegCF
Debellation Brewing 04/08/2021 MainVest - $13,200 Revenue Share Funded RegCF
Debellation Brewing 02/23/2021 MainVest - $30,000 Revenue Share Funded RegCF
Debellation Brewing 01/14/2021 MainVest - $66,500 Revenue Share Funded RegCF
Debellation Brewing 11/10/2020 MainVest - $65,500 Revenue Share 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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Debellation Brewing Company on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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