Frost Brewhouse

Frost Brewhouse

Brewery

Brewery

Overview

Raised to Date: Raised: $30,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

11/21/2023

Close Date

01/11/2024

Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.25%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$600

# of Investors

22

Momentum
Funded
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Year Founded

2021

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Lubbock, Texas

Business Type

Life Style

Frost Brewhouse is raising funds on Honeycomb. It is a family-owned microbrewery in Lubbock, Texas, that provides high-quality beer. Frost Brewhouse has been ranked as one of the top three breweries in Lubbock and has grown significantly in 2023. The business aims to provide a casual microbrewery environment and its exceptional beer to the community and make Lubbock water drinkable one beer at a time. Kayla Bounds and Trevor Frost founded Frost Brewhouse in January 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for refinancing high-interest debt, buying production equipment, and marketing.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$59

$0

Tax

$0

$0

 

 

Net Income

$-7,990

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$-1,702

$0

Accounts Receivable

$0

$0

Total Assets

$-1,702

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/21/2023
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Frost Brewhouse on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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