MobCraft Beer

MobCraft Beer

Growth Stage

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

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

Overview

Raised to Date: Raised: $844,893

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/22/2021

Close Date

04/01/2022

Min. Goal
$499,998
Max. Goal
$1,069,997
Min. Investment

$250

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.12

Early Bird Valuation

$4,786,529

Pre-Money Valuation

$6,002,778

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2022

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

$4,447

# of Investors

488

Momentum
Funded
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Year Founded

2012

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Milwaukee, Wisconsin

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: 09/22/2021
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MobCraft Beer on Wefunder 2021
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $6,002,778
Price per Share: $6.12

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