Overview
Raised: $62,241
Total Commitments ($USD)
Platform
Honeycomb
Start Date
09/20/2021
Close Date
10/28/2021
Min. Goal
$50,000
Max. Goal
$150,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Year Founded
2011
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Monkey Wrench Brewing is raising funds on Honeycomb. The production microbrewery in Georgia offers a taproom and beer garden and excels in craft beer. The brewers at Monkey Wrench Brewing combine award-winning homebrew recipes with their professional experience to create premium quality beers. Monkey Wrench Brewing has identified a loyal customer base in Suwanee and is one of the city’s only two breweries. Wayne Baxter and Joe Dreher founded Monkey Wrench Brewing in September 2011. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $150,000. The campaign proceeds will be used for the distillery system, a second bar in the warehouse, event space buildout, and additional operating capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$329,444 |
$0 |
|
COGS |
$73,605 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-72,216 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$62,150 |
$5,344 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$735,415 |
$569,386 |
|
Short-Term Debt |
$2,662 |
$9,789 |
|
Long-Term Debt |
$11,097 |
$208,706 |
|
Total Liabilities |
$13,759 |
$218,495 |
Financials as of: 09/20/2021
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Monkey Wrench Brewing | 10/28/2021 | Honeycomb | - | $62,241 | Debt | Funded | RegCF |
| Monkey Wrench Brewing | 01/21/2021 | Honeycomb | - | $34,550 | Debt | Funded | RegCF |
| Monkey Wrench Brewing | 05/08/2020 | MainVest | - | $0 | Revenue Share | Not Funded | RegCF |
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