Lochiel Brewing

Lochiel Brewing

Closed: Jan. 2021

About this raise

Lochiel Brewing, a brewery in Mesa, AZ, is raising funds on MainVest. It is a 10-barrel full-electric brewhouse, with several 7-barrel and 15-barrel fermenters. The brewery produces a range of Scottish-style, strong malt-forward beers. Ian Cameron founded Lochiel Brewing in 2015. The current crowdfunding campaign has a minimum raise of $10,000 and a maximum raise of $50,000. The funds will be used for purchasing additional equipment to increase production and expand product offerings. Lochiel Brewing has already created brand recognition for its beers and caters to the Scottish/Irish community in Arizona. The brewery plans to expand its bottling, production volume, and marketing to increase sales and revenues.

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Investment Overview

Not Funded: $2,900

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
11/02/2020
Close Date
01/27/2021
Min. Goal
$10,000
Max Goal
$50,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

Year Founded
2015
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Mesa, Arizona
Business Type
Life Style
Company Website
Visit Website

Team

Employees
8
Founder Name
Ian Cameron
Title
Owner

Financials

 Revenue +18% YoY
$141,888
 Monthly Burn
$3,158
 Runway
0 months
Gross Margin
67%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$141,888

$120,524

COGS

$46,292

$30,407

Tax

$0

$0

 

 

Net Income

$-37,896

$-37,691

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/27/2021 MainVest - $2,900 Revenue Share Not Funded RegCF
10/28/2020 MainVest - $61,100 Revenue Share Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Lochiel Brewing on MainVest
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Lochiel Brewing may no longer be accepting investments.

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