Kato Sake Works
Sake Brewery
Overview
Raised: $250,000
Total Commitments ($USD)
Platform
MainVest
Start Date
12/21/2021
Close Date
03/11/2022
Min. Goal
$100,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,165
# of Investors
217
Momentum
Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Kato Sake Works is raising funds on MainVest. The business brews local sake, bridges cultures, and reshapes the sake experience. The current brewery of Kato Sake Works produces about 800 bottles of sake per month and sells to in-store customers and wholesale accounts. Kato Sake Works has garnered 5-star customer reviews and excellent reviews on Google and Yelp. Shinobu Kato founded Kato Sake Works in March 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used to expand into new production space.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$142 |
|
COGS |
$0 |
$63 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-19,665 |
$-29,232 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$29,523 |
$12,123 |
|
Accounts Receivable |
$1,038 |
$0 |
|
Total Assets |
$84,594 |
$58,410 |
|
Short-Term Debt |
$2,332 |
$6,678 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$2,332 |
$6,678 |
Financials as of: 12/21/2021
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