Ghostface Brewing
Brewery
Overview
Raised: $76,600
Total Commitments ($USD)
Platform
MainVest
Start Date
05/24/2020
Close Date
07/31/2020
Min. Goal
$50,000
Max. Goal
$150,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.70X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/01/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,143
# of Investors
79
Momentum
Funded
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Year Founded
2015
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Ghostface Brewing, a brewery in Mooresville, NC, is raising funds on MainVest. The brewery offers 20 unique and tasty beers, rotated on a regular basis. The collection ranges from malty and hoppy to dark and light and suits different people’s taste buds. Ghostface Brewing has two locations offering beers, scotch, bourbon, whiskey, and an elaborate pizza and food menu. Ghostface Brewing was founded by Michael Cuddy and Susan Cuddy in 2016. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $150,000, and the proceeds will be used to purchase a canning line and build out the brewhouse. Ghostface Brewing is passionate about its brews and brings a unique experience to each guest who enters the brewery.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,173,103 |
$1,520,465 |
|
COGS |
$685,760 |
$844,464 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$487,366 |
$676,001 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$27,755 |
$30,539 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$113,819 |
$130,654 |
|
Short-Term Debt |
$58,296 |
$35,569 |
|
Long-Term Debt |
$36,125 |
$94,461 |
|
Total Liabilities |
$94,421 |
$130,030 |
Financials as of: 05/24/2020
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