Espanita Tequila Company

Espanita Tequila Company

Early Stage

Fast growing craft tequila brand endorsed by Pitbull, Music Icon and superstar

Fast growing craft tequila brand endorsed by Pitbull, Music Icon and superstar

Overview

Raised to Date: Raised: $825,680

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/10/2021

Close Date

11/30/2023

Min. Goal
$100,000
Max. Goal
$5,000,000
Min. Investment

$250

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Early Bird Valuation

$30,000,000

Pre-Money Valuation

$37,500,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/02/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,059

# of Investors

872

Momentum
Funded
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Year Founded

2020

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Cheyenne, Wyoming

Business Type

Life Style

Espanita Tequila Company, with a valuation of $37.5 million, is raising funds on Wefunder. It is a craft tequila brand based on excellent quality, luxury presentation, and affordable pricing. The tequila of Espanita Tequila Company is 100% blue agave, super-premium, and created by artisanal production techniques. Espanita Tequila Company is sold in 17 states in major liquor chains and has tripled its sales over the last three years. Marina Wilson founded Espanita Tequila Company in January 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5,000,000. The campaign proceeds will be used for the purchase of packaging components, financing of the product acquisition, advertising, marketing, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$165,611

$86,048

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-177,676

$-143,019

Summary Balance Sheet

FY 2022 FY 2021

Cash

$165,303

$167,757

Accounts Receivable

$80,984

$72,480

Total Assets

$846,317

$427,200

Short-Term Debt

$46,702

$20,190

Long-Term Debt

$410,000

$300,000

Total Liabilities

$456,702

$320,190

Financials as of: 10/10/2021
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Espanita Tequila Company on Wefunder 2021
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $37,500,000
Price per Share: $2.50

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