Forrest Hill Brewing Company
Craft Brewery and Taproom
Overview
Raised: $162,300
Total Commitments ($USD)
Platform
MainVest
Start Date
01/31/2021
Close Date
04/21/2021
Min. Goal
$150,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,054
# of Investors
94
Momentum
Funded
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Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Forrest Hill Brewing Company, an upcoming craft brewery and taproom in Amesbury, MA, is raising crowdfunding on MainVest. The brewery aims to brew high-quality craft beer in a lot of varieties. The diverse menu will be served in a warm and welcoming environment. Craig Penno founded Forrest Hill Brewing Company in February 2020. The proceeds of the current crowdfunding raise, with a minimum target of $150,000 and a maximum target of $250,000, will be used for space buildout, supplies, equipment, furniture, and landscaping. Forrest Hill Brewing Company will operate as Mill 77 Brewing Company and is expected to open in the summer of 2021.
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: 01/31/2021
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