GroundLion Brewing Company

GroundLion Brewing Company

Craft Brewery

Craft Brewery

Overview

Raised to Date: Raised: $4,300

Total Commitments ($USD)

Platform

MainVest

Start Date

09/24/2020

Close Date

12/02/2020

Min. Goal
$150,000
Max. Goal
$175,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.70X

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/01/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$63

# of Investors

9

Momentum
Not Funded
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Year Founded

2016

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Seagrove, North Carolina

Business Type

Life Style

GroundLion Brewing Company, an upcoming craft brewery in Seagrove, NC, is raising funds on MainVest. It will be the first local brewery in Seagrove, offering high-quality, unique, rye-focused, carefully-crafted beer. The community members will come together at the brewery to expand their knowledge of beer, including its history, styles, and tastes. GroundLion Brewing Company was founded by Samuel Brown III and Samuel Brown IV, a father-son duo passionate about brewing craft beer. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $250,000, will be used to complete the renovation of the location, purchase equipment, and establish contingency funds. GroundLion Brewing Company is gathering permits and licenses and is excited to launch its offerings to the community.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

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

Financials as of: 09/24/2020
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GroundLion Brewing Company on MainVest
Platform: MainVest
Security Type: Revenue Share

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