Fenwick’s Distilling
Distillery
Overview
Raised: $81,000
Total Commitments ($USD)
Platform
MainVest
Start Date
07/31/2022
Close Date
09/16/2022
Min. Goal
$65,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
4.85%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,761
# of Investors
64
Momentum
Funded
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Year Founded
2022
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Fenwick’s Distilling is raising funds on MainVest. It is the distilling branch of Fenwick Farms Brewing Company in Rensselaer, Indiana. The distillery will add value and diversity to the brewery and will produce rum, vodka, gin, and young whiskey to begin with. Fenwick’s Distilling has already secured the location and is ready to start its journey. Kenneth VanHouten founded Fenwick’s Distilling in February 2022. The current crowdfunding campaign has a minimum target of $65,000 and a maximum target of $250,000. The campaign proceeds will be used for equipment, building renovation, marketing, initial raw materials, and operating budget.
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: 07/31/2022
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