Flying Leap Vineyards & Distillery

Winery

Overview

Raised to Date: Raised: $124,000

Total Commitments ($USD)

Platform

MainVest

Start Date

09/28/2022

Close Date

01/08/2023

Min. Goal

$75,000

Max. Goal

$124,000

Min. Investment

$100

Security Type

Revenue Share

Payment Schedule

Quarterly

Funding Type

RegCF

Return Multiple

1.40X

Rev. Share %

0.80%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2023

Days Remaining
Funded
% of Min. Goal

165%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$1,216

# of Investors

81

Momentum
Funded
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Location

Tucson, Arizona

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

Flying Leap Vineyards & Distillery is raising funds on MainVest. It is a winery in Elgin, Arizona, that makes wine using the fruit grown in its own vineyards. The business grows an array of wine grapes on its ranches in Arizona and produces a broad portfolio of ultra-premium wines and distilled craft spirits. The aim of Flying Leap Vineyards & Distillery is to maintain high quality, innovation, and uncompromising packaging. Mark Beres founded Flying Leap Vineyards & Distillery in November 2010. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $124,000. The campaign proceeds will be used for acquiring an automated bottling line, architecture and design fees, and plumbing and electrical work.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,147,660

$1,658,902

COGS

$699,316

$365,869

Tax

$0

$0

 

 

Net Income

$-547,039

$-356,227

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$363,387

$233,065

Accounts Receivable

$113,949

$18,136

Total Assets

$5,662,592

$5,243,587

Short-Term Debt

$0

$0

Long-Term Debt

$4,176,697

$3,326,940

Total Liabilities

$4,176,697

$3,326,940

Financials as of: 09/28/2022
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Flying Leap Vineyards & Distillery on MainVest 2022
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Platform: MainVest
Security Type: Revenue Share

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