MobCraft Beer

Growth Stage

We turn ideas into beer, and are expanding our brewery to include more taprooms

Analytics

Raised to Date: Raised: $601,632

Aggregate Commitments $

Platform

Wefunder

Start Date

09/23/2021

Close Date

02/01/2022

Min. Goal

$499,998

Max. Goal

$1,069,997

Min. Investment

$250

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$6,002,778

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

65

% of Min. Goal

120%

% of Max. Goal

56%

Likelihood of Max
likely
Avg. Daily Raise

$9,116

Momentum
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Location

Milwaukee, Wisconsin

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

MobCraft Beer, with a valuation of $6 million, is raising funds on Wefunder. The brewery works on a unique craft beer taproom model and turns ideas into beer. The company has cracked the code to a successful craft brewery model and is ready to replicate its success in new locations. MobCraft Beer has more than 90,000 annual visitors at its Milwaukee location and grew by 17% even during the 2020 pandemic period. Henry Schwartz founded MobCraft Beer in 2012. The current crowdfunding campaign has a minimum target of $499,998 and a maximum target of $1,069,997. The campaign proceeds will be used for opening the second and third MobCraft locations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,510,539

$1,783,108

COGS

$718,881

$607,409

Tax

$0

$0

 

 

Net Income

$-141,106

$102,561

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$142,513

$11,043

Accounts Receivable

$7,274

$27,796

Total Assets

$2,275,639

$2,222,913

Short-Term Debt

$342,694

$356,322

Long-Term Debt

$1,901,150

$1,693,689

Total Liabilities

$2,243,844

$2,050,011

Financials as of: 09/23/2021
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MobCraft Beer on Wefunder 2021
$
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $6,002,778

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