Field Number Fifteen
Winery
Overview
Raised: $22,800
Total Commitments ($USD)
Platform
Honeycomb
Start Date
06/24/2022
Close Date
08/23/2022
Min. Goal
$20,000
Max. Goal
$145,000
Min. Investment
$100
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
9.25%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/31/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$380
# of Investors
26
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Field Number Fifteen is raising funds on Honeycomb. It is an organic winery and brewery producing approachable wines and craft beers. The wines of Field Number Fifteen are produced from organic grapes grown on the vineyard property, and the beers are made using organic grains and hops. Field Number Fifteen sells its wines and beers in farmers’ markets, its on-site tasing room, and at local bars and restaurants. Kenyon Elliott founded Field Number Fifteen in June 2020. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $145,000. The campaign proceeds will be used for debt refinancing, vine planting, parking expansion, outdoor bar, bathroom upgrade, and food trailer.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$215,474 |
$8,200 |
|
COGS |
$20,408 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$21,132 |
$-73,922 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$13,455 |
$4,674 |
|
Accounts Receivable |
$8,358 |
$8,358 |
|
Total Assets |
$1,067,444 |
$1,010,008 |
|
Short-Term Debt |
$176,100 |
$140,055 |
|
Long-Term Debt |
$773,343 |
$880,272 |
|
Total Liabilities |
$949,443 |
$1,020,327 |
Financials as of: 06/24/2022
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