Farthest Star Sake
Sake Brewery & Taproom
Overview
Raised: $112,300
Total Commitments ($USD)
Platform
MainVest
Start Date
09/01/2020
Close Date
11/05/2020
Min. Goal
$100,000
Max. Goal
$150,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.85X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,755
# of Investors
157
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Farthest Star Sake, an upcoming sake brewery and taproom in Medfield, MA, is raising funds on MainVest. The brewery will be one of its kind in New England. It will launch traditionally filtered and cloudy sake styles, in addition to the fun atmosphere and engagement in the taproom. Todd Bellomy founded Farthest Star Sake in 2019. The proceeds of the current crowdfunding round, with a minimum raise of $100,000 and a maximum raise of $150,000, will be used for leasehold improvements, equipment, and inventory. Farthest Star Sake will inherently be different due to its uniqueness and local brand affinity. The local sake brand is expected to draw a lot of customers and strong supporters.
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 |
Financials as of: 09/01/2020
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