Franklin Brewing
About this raise
Franklin Brewing is raising funds on Honeycomb. It is a small craft brewery that caters to young and old craft beer enthusiasts and those looking to delve into the craft beer market. The business plans to open its first taproom with its unique style of beers and interesting events featuring art, food, music, and poetry. Franklin Brewing is an established brand and has crafted over 20 recipes, including several popular seasonals. Aaron Schickel and Howard Ross founded Franklin Brewing in September 2009. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $150,000. The campaign proceeds will be used for renovations, fermentation tanks, fixtures and equipment, and working capital.
Investment Overview
Invested : $50,650
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 03/01/2022
- Close Date
- 04/18/2022
$20,000
$150,000
$100
Debt
RegCF
Company & Team
Company
- Year Founded
- 2009
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $14,343
- Monthly Burn
- $233
-
Runway
- 24+ months
- Gross Margin
- 78%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/18/2022 | Honeycomb | - | $50,650 | Debt | Funded | RegCF |