Mountain West Cider

Mountain West Cider

Early Stage

The first dedicated cidery in Utah

The first dedicated cidery in Utah

Overview

Raised this Round: Raised: $81,665

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/22/2021

Close Date

10/14/2021

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$6,500,000

Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Salt Lake City, Utah

Business Type

Growth

Mountain West Cider, with a pre-money valuation of $6.5 million, is raising crowdfunding on StartEngine. The cidery makes award-winning hard apple cider using the finest ingredients. The ciders of Mountain West Cider are produced on a small scale and are unique. Jeffrey C. Carleton founded Mountain West Cider in 2014. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000. The raise proceeds will target increased distribution, revenue growth, and the addition of new ciders. Mountain West Cider is the most purchased craft cider in Utah and has been voted SLC City Weekly Utah’s Best Cider for five consecutive years.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$578,162

$715,740

COGS

$314,650

$464,878

Tax

$0

$0

 

 

Net Income

$-145,637

$-215,416

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$38,485

$17,185

Accounts Receivable

$3,448

$25,912

Total Assets

$581,805

$598,963

Short-Term Debt

$184,718

$223,379

Long-Term Debt

$206,079

$10,805

Total Liabilities

$390,797

$234,184

Financials as of: 03/22/2021
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Mountain West Cider on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,500,000
Price per Share: $1.00

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