JJ Pfister Distilling Company
Early Stage
Handcrafted, organic spirits from a fast-growing, experiential distillery
Overview
Raised: $330,020
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/19/2020
Close Date
12/31/2020
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$250
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$10.00
Pre-Money Valuation
$8,930,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/03/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$4,521
# of Investors
215
Momentum
Funded
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Year Founded
2016
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
JJ Pfister Distilling Company, with a pre-money valuation of $8.93 million, is raising crowdfunding on Wefunder. The company makes organic and handcrafted spirits in its experiential distillery. The tasting room gives an age-old experience with a modern twist. The spirits include whiskeys, gins, and bourbons and come with cinnamon, leather, and creme brûlée tasting notes. Kevin Keck founded JJ Pfister Distilling Company in 2016 and has raised over $6 million since its inception. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used for manufacturing, sales, marketing, bottling machines, and visitor center food service. JJ Pfister Distilling Company has top Tasting Panel ratings and has demonstrated 200% growth even during COVID.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$131,593 |
$18,500 |
|
COGS |
$0 |
$0 |
|
Tax |
$800 |
$1,700 |
| ||
| ||
|
Net Income |
$-306,263 |
$-287,194 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$582 |
$2,763 |
|
Accounts Receivable |
$55,000 |
$55,000 |
|
Total Assets |
$2,114,759 |
$2,421,012 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/19/2020
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