Old Majestic Brewing Co
About this raise
Old Majestic Brewing Co, a brewery in Mobile, AL, is raising funds on MainVest. The brewery offers a beer-drinking experience with its brews crafted with select hops. Some of the delicious craft beers of Old Majestic Brewing Co include Majestic Blonde, Four Fathers’ Stout, and Reflections IPA. John Minton and Chad Marchand founded Old Majestic Brewing Co in 2016. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $150,000, will be used to ramp up distribution and purchase equipment for canning. Old Majestic Brewing Co aims to provide a noble presence to its beers and offer the customers the best-quality handcrafted beer.
Investment Overview
Not Funded: $6,200
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 12/29/2020
- Close Date
- 05/03/2021
$50,000
$150,000
$100
Revenue Share
RegCF
1.50X
Company & Team
Company
- Year Founded
- 2016
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $13,039
- Monthly Burn
- Profitable
-
Cash on Hand
- $38,785
- Gross Margin
- 3%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/03/2021 | MainVest | - | $6,200 | Revenue Share | Not Funded | RegCF |
