Naked River Brewing Company

Naked River Brewing Company

BREWERY IN CHATTANOOGA, TN

BREWERY IN CHATTANOOGA, TN

Overview

Raised to Date: Raised: $107,000

Total Commitments ($USD)

Platform

MainVest

Start Date

01/16/2020

Close Date

02/11/2020

Min. Goal
$55,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/11/2020

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

$4,280

# of Investors

72

Momentum
Funded
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Year Founded

2017

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Location

Chattanooga, Tennessee

Naked River Brewing Company, a brewery in Chattanooga, TN, is raising funds on MainVest. The offerings of the brewery include delicious brews, a rotating menu of 16 seasonal small-batch beers, a full food menu with Texas-style barbecue, and catering service and event space. Naked River Brewing Company was founded by Jake Raulston, Michael Robinson, and Nathan Woods, bringing years of beverage and hospitality experience to the business. The proceeds of the current round of crowdfunding, with a minimum target of $55,000 and a maximum target of $107,000, will be used to increase the packaged beer can production, and to add more production capacity, add more seating and event area. Naked River Brewing Company is well-established with average monthly revenue of $108,000, an average ticket size of $17.50, and a profit margin of 9%.
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Naked River Brewing Company on MainVest
Platform: MainVest
Security Type: Debt

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