Fenwick’s Distilling

Fenwick’s Distilling

Closed: Sep. 2022

About this raise

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.

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Investment Overview

Invested this round: $81,000

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
08/01/2022
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    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

4.85%

Company & Team

Company

Year Founded
2022
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
RENSSELAER, Indiana
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Samuel Yacko
Title
Owner
Founder Name
Kenneth VanHouten
Title
Owner
Founder Name
Frank Fenwick
Title
Owner

Financials

 Revenue
$0
 Cash on Hand
$0

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/16/2022 MainVest - $81,000 Revenue Share Funded RegCF
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Fenwick’s Distilling on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Fenwick’s Distilling may no longer be accepting investments.

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