Hopsters

Early Stage

Nationally expanding brewery/restaurant featuring brew-your-own-beer experience.

Analytics

Raised to Date: Raised: $1,069,997

Aggregate Commitments $

Platform

Wefunder

Start Date

11/21/2016

Close Date

08/11/2017

Min. Goal

$300,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Price Per Share

$500.00

Pre-Money Valuation

$4,000,000

Rolling Commitments $

Status
Funded
Reporting Date

08/11/2017

Days Remaining
Funded
% of Min. Goal

357%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$4,068

Momentum
Funded
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Location

Newton, Massachusetts

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Hopsters, with a valuation of $4 million, is raising funds on Wefunder. The brewery is located in Newton, MA, and offers a brew-your-own-beer experience. It has opened two locations since 2013, including a 6,000 square foot space in the Seaport District of Boston. Hopsters has an average gross margin of 75% across both locations and serves its own beer through its own taps. Lee Cooper and Karen Cooper founded Hopsters in April 2013. The current crowdfunding campaign has a minimum target of $300,000 and a maximum target of $1,070,000. The campaign proceeds will be used for brewing and restaurant equipment, construction of new locations, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,288,438

$1,248,091

COGS

$321,132

$367,180

Tax

$0

$0

 

 

Net Income

$184,842

$-75,585

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$17,911

$16,580

Accounts Receivable

$0

$0

Total Assets

$661,672

$559,379

Short-Term Debt

$240,501

$190,945

Long-Term Debt

$283,291

$247,698

Total Liabilities

$523,792

$438,643

Financials as of: 11/21/2016
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Hopsters 03/15/2019 Wefunder - $1,070,000 Equity - Common Funded RegCF
Hopsters 08/11/2017 Wefunder $4,000,000 $1,069,997 Equity - Preferred Funded RegCF
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Hopsters on Wefunder 2016
$
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $4,000,000
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