Ivanhoe Park Brewing Company

Ivanhoe Park Brewing Company

Ivanhoe Park Brewing Company, with a valuation of $10 million, is raising funds on StartEngine. It is a community-owned craft brewery in Central Florida known for its award-winning beers. Ivanhoe Park Brewing Company offers a lineup of handcrafted beers, including stouts, IPAs, lagers, and seasonal specialties, and caters to a growing demand for unique flavors. The business has a tasting room, hosts community events, and distributes to local bars and retail outlets. Glenn Russell Closson founded Ivanhoe Park Brewing Company in November 2024. The current crowdfunding campaign has a minimum and maximum target of $124,000. The campaign proceeds will be used for research and development, company employment, inventory, marketing, and working capital.

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Investment Overview

Raised this Round: Raised: $36,277

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
11/20/2024
Close Date
02/17/2025
Min. Goal
$124,000
Max. Goal
$124,000
Min. Investment

$500

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$10,000,000

Company & Team

Company

Year Founded
2024
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Location
Orlando, Florida
Company Website
Visit Website

Team

Employees
2

Financials

as of Fiscal Year 2023
 Revenue
$1,011,012
 Monthly Burn
$25,704
 Runway
2.6 months
Gross Margin
63%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,011,012

$1,103,259

COGS

$375,304

$454,821

Tax

$0

$0

 

 

Net Income

$-308,443

$-280,743

Summary Balance Sheet

FY 2023 FY 2022

Cash

$67,906

$72,049

Accounts Receivable

$6,699

$29,916

Total Assets

$526,338

$573,837

Short-Term Debt

$0

$0

Long-Term Debt

$294,155

$275,338

Total Liabilities

$294,155

$275,338

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/17/2025 StartEngine $10,000,000 $36,277 Equity - Common Active RegCF
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Ivanhoe Park Brewing Company on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $2.00

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