Lost Spirits Distillery

Growth Stage

Meet the "Willy Wonka" of Booze. - Playboy Magazine.

Analytics

Raised to Date: Raised: $2,257,930

Aggregate Commitments $

Platform

Wefunder

Start Date

03/28/2022

Close Date

04/30/2022

Min. Goal

$83,069

Max. Goal

$4,999,999

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$2.40

Pre-Money Valuation

$48,039,487

Rolling Commitments $

Status
Funded
Reporting Date

05/01/2022

Days Remaining
Funded
% of Min. Goal

2,718%

% of Max. Goal

45%

Likelihood of Max
Funded
Avg. Daily Raise

$68,422

Momentum
Funded
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Location

Los Angeles, California

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Lost Spirits Distillery, with a valuation of $48 million, is raising funds on Wefunder. It is one of the world’s best distilleries, blended with a theme park experience. The new kind of distillery concept comes with an elaborate tour and fine dining experience and sells tickets for visits. Lost Spirits Distillery reported $8.9 million in annual revenue from the Las Vegas Distillery and plans to reopen Los Angeles Distillery in 2022. Bryan Davis and Joanne Haruta founded Lost Spirits Distillery in January 2020. The current crowdfunding campaign has a minimum target of $83,069 and a maximum target of $4,999,999. The campaign proceeds will be used for the next expansion project, operating expenses, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$849,495

$1,589,565

COGS

$187,690

$338,738

Tax

$17,115

$19,400

 

 

Net Income

$-2,429,466

$-1,833,878

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$100,200

$124,232

Accounts Receivable

$4,100

$4,804

Total Assets

$2,498,559

$1,661,514

Short-Term Debt

$1,559,899

$1,219,565

Long-Term Debt

$1,537,169

$523,606

Total Liabilities

$3,097,068

$1,743,171

Financials as of: 03/28/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Lost Spirits Distillery 04/30/2022 Wefunder $48,039,487 $2,257,930 Equity - Common Funded RegCF
Lost Spirits Distillery 05/09/2021 Wefunder $20,022,100 $1,330,942 Equity - Common Funded RegCF / RegD 506(c)
Lost Spirits Distillery 03/21/2020 Wefunder $20,022,056 $1,070,000 Equity - Common Funded RegCF
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Lost Spirits Distillery on Wefunder 2022
$
Platform: Wefunder
Security Type: Equity - Common
Valuation: $48,039,487
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