Dropkick Brew

Coffee roastery and brewery
Overview
Raised: $6,620
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
28
% of Min. Goal
11%
% of Max. Goal
5%
Likelihood of Max
Avg. Daily Raise
$368
# of Investors
10
Momentum
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Dropkick Brew is raising funds on Honeycomb. It is a coffee roastery and brewery in San Diego, California, that sells coffee beans and nitro cold brew cans and kegs across the San Diego County and Los Angeles. Dropkick Brew’s coffee beans are imported from a mountainside farm in Guatemala and are less acidic and less bitter than the usual coffee beans. The company sells its coffee beans and brews on all Navy military bases and many convenience stores, including 7/11, grocery stores, and several coffee shops. Peter Lemke founded Dropkick Brew in May 2020. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for coffee equipment, expansion items, packing machines, and inventory.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$575,838 |
$0 |
COGS |
$488,746 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-133,786 |
$0 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$238,619 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$372,022 |
$0 |
Short-Term Debt |
$256,814 |
$0 |
Long-Term Debt |
$1,398 |
$0 |
Total Liabilities |
$258,212 |
$0 |
Financials as of: 11/14/2023
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