MetroNOME Brewery

MetroNOME Brewery

Brewery

Brewery

Overview

Raised to Date: Raised: $51,850

Total Commitments ($USD)

Platform

MainVest

Start Date

03/14/2024

Close Date

04/25/2024

Min. Goal
$75,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rev. Share %

1.05%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

10

% of Min. Goal

69%

% of Max. Goal

42%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,620

# of Investors

81

Momentum
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Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

St. Paul, Minnesota

Business Type

Life Style

MetroNOME Brewery is raising funds on MainVest. It is a socially-minded brewery in St. Paul, Minnesota, with the mission of nurturing outstanding music education. MetroNOME Brewery aims to grow its brewing and distribution capabilities and use the proceeds to provide musical instruments, lessons, and education for underprivileged youth in the Twin Cities Metro area. Matthew Engstrom and William Eddins founded MetroNOME Brewery in October 2022. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $124,000. The campaign proceeds will be used for space buildout, renovations, and equipment.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$604,484

$459,916

COGS

$172,538

$65,508

Tax

$0

$0

 

 

Net Income

$-72,148

$-80,889

Summary Balance Sheet

FY 2023 FY 2022

Cash

$11,720

$32,447

Accounts Receivable

$0

$0

Total Assets

$184,904

$206,062

Short-Term Debt

$424,794

$364,878

Long-Term Debt

$0

$0

Total Liabilities

$424,794

$364,878

Financials as of: 03/14/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
MetroNOME Brewery 04/25/2024 MainVest - $51,850 Revenue Share Active RegCF
MetroNOME Brewery 08/20/2021 MainVest - $125,000 Revenue Share Funded RegCF
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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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MetroNOME Brewery on MainVest 2024
Platform: MainVest
Security Type: Revenue Share

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