Hopsters
Early Stage
Nationally expanding brewery/restaurant featuring brew-your-own-beer experience.
Overview
Raised: $1,070,000
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/03/2018
Close Date
03/15/2019
Min. Goal
$300,000
Max. Goal
$1,070,000
Min. Investment
$500
Security Type
Equity - Common
Funding Type
RegCF
Price Per Share
$500.00
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/31/2019
Days Remaining
Funded
% of Min. Goal
357%
% of Max. Goal
100%
Likelihood of Max
Funded
Avg. Daily Raise
$6,564
# of Investors
865
Momentum
Funded
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Location
Newton, Massachusetts
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Hopsters is a nationally expanding brewery and restaurant that allows you to brew your own beer. They’ve opened two locations since 2013, including a 6,000 square foot space in the Seaport District of Boston that earned $1.1M in Q1 of 2018. Hopsters also raised $1.3M from 713 Wefunder investors in 2017, and their average gross margin is 75% across both locations. They serve their own beer through their own taps, which has led to a 90% gross margin on all Hopsters-brewed beer served on-site. With another location in Philadelphia in the works, Hopsters hopes to open 2 more locations in 2019 and have 16 locations by 2022.
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