Grain Dealers

Grain Dealers

Closed: Sep. 2022

About this raise

Grain Dealers is raising funds on Vicinity. It is an upcoming brewery, restaurant, and entertainment venue in Dunn, North Carolina. It will be the first and only craft brewery restaurant in Dunn and aims to build a foundation for the future economic development of the town. Grain Dealers will offer rotating taps with handcrafted brews and a full culinary experience with a menu full of favorite local dishes. Wesley Johnson and Lee Honeycutt founded Grain Dealers in May 2019. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $1,069,996.80. The campaign proceeds will be used to partner with clinics to purchase HVAC and the brewery building and complete the upfit of the brewery.

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Investment Overview

Invested this round: $211,104

Deal Terms

Total Commitments ($USD)

Platform
Vicinity
Start Date
04/01/2022
Close Date
09/30/2022
Min. Goal
$200,000
Max Goal
$1,069,997
Min. Investment

$480

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.40

Pre-Money Valuation

$1,070,000

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Dunn, North Carolina
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Lee Honeycutt
Title
CFO
Founder Name
Wesley Johnsonnz
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$939
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$-203

$-203

 

 

Net Income

$-11,267

$-293

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/30/2022 Vicinity $1,070,000 $211,104 Equity - Common Funded RegCF
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Add to portfolio
Grain Dealers on Vicinity 2022
Platform: Vicinity
Security Type: Equity - Common
Valuation: $1,070,000
Price per Share: $6.40

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Warning: according to the close date for this deal, Grain Dealers may no longer be accepting investments.

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