Mulholland Distilling

Early Stage

Award-winning craft spirits

Overview

Raised to Date: Raised: $142,925

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/11/2022

Close Date

02/08/2023

Min. Goal

$9,998

Max. Goal

$1,234,992

Min. Investment

$239

Security Type

Equity - Common

Series

Seed

Funding Type

RegCF

Price Per Share

$8.84

Pre-Money Valuation

$13,020,269

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/01/2023

Days Remaining

7

% of Min. Goal

1,430%

% of Max. Goal

12%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,743

# of Investors

96

Momentum
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Location

Los Angeles, California

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

Mulholland Distilling, with a valuation of $13.02 million, is raising funds on StartEngine. The company makes award-winning craft spirits that are sold in bars and restaurants in nine states and direct to consumers in 27 states. The business is committed to value and quality and uses the highest quality ingredients and creativity to make its spirits. Mulholland Distilling has built a strong community and reported a 100% growth in its rolling year-over-year sales in the trailing 12 months. Walton Goggins and Matthew Alper founded Mulholland Distilling in February 2014. The current crowdfunding campaign has a minimum target of $9,998.04 and a maximum target of $1.23 million. The campaign proceeds will be used to create jobs, engage consumers, grow the inventory, and expand the presence in all markets.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$526,975

$288,138

COGS

$373,121

$191,044

Tax

$0

$0

 

 

Net Income

$-561,330

$-407,375

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$6,694

$150,605

Accounts Receivable

$82,297

$39,217

Total Assets

$495,906

$563,402

Short-Term Debt

$381,364

$212,530

Long-Term Debt

$0

$0

Total Liabilities

$381,364

$212,530

Financials as of: 11/11/2022
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Mulholland Distilling on StartEngine 2022
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $13,020,269

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