Local Choice Spirits

Local Choice Spirits

Early Stage

Boutique spirits and private-label brand management.

Boutique spirits and private-label brand management.

Overview

Raised to Date: Raised: $68,801

Total Commitments ($USD)

Platform

Microventures

Start Date

06/21/2018

Close Date

08/19/2018

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,166

# of Investors

163

Momentum
Funded
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Year Founded

2010

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Location

Daniel Island, South Carolina

Local Choice Spirits (LCS) is a spirits company that helps celebrities and entrepreneurs build brands by creating custom boutique spirits. Created in 2010 by “Pixie” Paula Dezzutti Hewlette, who has an extensive background in the spirits industry, LCS’s revenue has increased over 200% from 2014 to 2017. They’ve also won more than 40 awards in the past five years. Notable partnerships include The Legendary Hatfield & McCoy Family Brand Whiskey, Dwight Eubanks and his Eubanks Gin Collection, and Boosie Badazz’s Boosie Juice Vodka. LCS manages the entire production process for its customers, and works with partners to promote the products, move them through the distribution process, and then into retail.
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Local Choice Spirits on MicroVentures
Platform: Microventures
Security Type: Convertible Note
Valuation: $10,000,000

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Warning: according to the close date for this deal, Local Choice Spirits may no longer be accepting investments.

Local Choice Spirits Deal Report

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