Hardball Cider

Early Stage

Grown, Pressed, Hardened.

Overview

Raised to Date: Raised: $91,453

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/14/2023

Close Date

05/11/2023

Min. Goal

$10,000

Max. Goal

$1,235,000

Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$7,997,500

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/27/2023

Days Remaining

45

% of Min. Goal

915%

% of Max. Goal

7%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,231

# of Investors

101

Momentum
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Year Founded

2015

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Mt Bethel, Pennsylvania

Business Type

Growth

Hardball Cider, with a valuation of $8 million, is raising funds on StartEngine. It is a craft beverage company that makes and sells a portfolio of hard ciders in Pennsylvania and New Jersey. The offerings of Hardball Cider include year-round and rotational craft ciders that are handcrafted on the company’s farm and taste authentic and delicious. Hardball Cider has a loyal customer base and sells through retail outlets, restaurants, ballparks, and tap houses. Geoffrey T. Deen founded Hardball Cider in April 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, inventory, company employment, working capital, and facilities.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$516,237

$412,992

COGS

$225,233

$135,055

Tax

$0

$0

 

 

Net Income

$-59,904

$117,766

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$27,307

$6,402

Accounts Receivable

$0

$0

Total Assets

$227,899

$216,104

Short-Term Debt

$335,715

$35,088

Long-Term Debt

$201,295

$207,397

Total Liabilities

$537,010

$242,485

Financials as of: 02/14/2023
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Hardball Cider on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,997,500

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