Good Beer Hunting

Good Beer Hunting

Closed: Apr. 2022

About this raise

Good Beer Hunting is raising funds on SMBX. It is a business consulting company focused on the world of beer and brewing. The company has a strategic design studio, a global editorial team, and a podcast with 150,000 subscribers and 5,000 downloads per episode. Good Beer Hunting helps small and large breweries plan their portfolios, develop new brands and experiences, and connect with their audiences. Michael Paul Kiser founded Good Beer Hunting in February 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for hiring and working capital.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
SMBX
Start Date
02/28/2022
Close Date
04/29/2022
Min. Goal
$25,000
Max Goal
$100,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2013
Industry
Business Services, Software, & Applications
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Chicago, Illinois
Business Type
Life Style
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Michael Kiser
Title
President

Funding data not publicly available

Financials

 Revenue +9% YoY
$867,714
 Monthly Burn
Profitable
 Cash on Hand
$24,151
 Gross Margin
48%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$867,714

$798,354

COGS

$447,534

$455,908

Tax

$0

$0

 

 

Net Income

$219,601

$49,923

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$24,151

$23,306

Accounts Receivable

$232,170

$144,822

Total Assets

$260,914

$175,988

Short-Term Debt

$90,012

$5,795

Long-Term Debt

$0

$71,100

Total Liabilities

$90,012

$76,895

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/29/2022 SMBX - $0 Debt Not Funded RegCF
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Good Beer Hunting on SMBX 2022
Platform: SMBX
Security Type: Debt

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Warning: according to the close date for this deal, Good Beer Hunting may no longer be accepting investments.

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