Hidden Sands Brewing Company

Hidden Sands Brewing Company

Early Stage

Brewery

Brewery

Overview

Raised to Date: Raised: $7,550

Total Commitments ($USD)

Platform

Honeycomb

Start Date

02/12/2024

Close Date

04/13/2024

Min. Goal
$25,000
Max. Goal
$415,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$12,000,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/13/2024

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

$126

# of Investors

24

Momentum
Not Funded
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Year Founded

2022

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

EGG HARBOR, New Jersey

Business Type

Life Style

Hidden Sands Brewing Company is raising funds on Honeycomb. It is a premier brewery in Egg Harbor Township, New Jersey, that crafts malt beverages with a unique edge. Hidden Sands Brewing Company’s brewing system is equipped with Siemens Process Logic Control and allows precise monitoring and control of the brewing process to create exceptional beer styles. The business has won several awards and serves beer through its tasting room and other bars. Matthew Helm founded Hidden Sands Brewing Company in December 2005. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $415,000. The campaign proceeds will be used for refinancing high-interest debt and marketing.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$328,898

$405,829

COGS

$61,172

$74,047

Tax

$0

$0

 

 

Net Income

$-43,788

$-189,742

Summary Balance Sheet

FY 2022 FY 2021

Cash

$11,856

$13,154

Accounts Receivable

$5,287

$2,637

Total Assets

$2,422,356

$2,409,978

Short-Term Debt

$36,548

$1,013,770

Long-Term Debt

$2,569,928

$1,499,014

Total Liabilities

$2,606,476

$2,512,784

Financials as of: 02/12/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Hidden Sands Brewing Company 04/12/2024 Honeycomb $12,000,000 $7,550 Equity - Common Not Funded RegCF
Hidden Sands Brewing Company 06/22/2023 StartEngine $12,100,000 $84,761 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Hidden Sands Brewing Company on Honeycomb 2024
Platform: Honeycomb
Security Type: Equity - Common
Valuation: $12,000,000
Price per Share: $5.00

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