Modestman Brewing
NANO-BREWERY
Overview
Raised: $149,300
Total Commitments ($USD)
Platform
MainVest
Start Date
01/24/2022
Close Date
04/29/2022
Min. Goal
$100,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,588
# of Investors
172
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Modestman Brewing is raising funds on MainVest. The brewery crafts world-class beer using the finest ingredients and expert brewing techniques. The business serves exceptional craft beer with fresh and modern branding and excellent customer service. Modestman Brewing sold tasting room cans and in-house beer worth $1 million in 2021 and plans to open a second tasting room soon. Ashley Sheehan founded Modestman Brewing in February 2019. The current crowdfunding campaign has a minimum target of $171,000 and a maximum target of $250,000. The campaign proceeds will be used for equipment, renovation, and operating capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$684,684 |
$66,478 |
|
COGS |
$250,288 |
$49,442 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-15,479 |
$-311,477 |
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 |
Financials as of: 01/24/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.