ONE ROQ Spirits

Early Stage

Escape The Ordinary. Own Your Spirit.

Overview

Raised to Date: Raised: $320,654

Total Commitments ($USD)

Platform

Andes Capital

Start Date

01/12/2023

Close Date

12/21/2023

Min. Goal

$10,000

Max. Goal

$3,937,541

Min. Investment

$200

Security Type

Equity - Common

Series

Seed

Funding Type

RegCF

Price Per Share

$0.79

Pre-Money Valuation

$42,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

322

% of Min. Goal

3,207%

% of Max. Goal

8%

Likelihood of Max
likely
Avg. Daily Raise

$15,269

# of Investors

354

Momentum
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Location

Buffalo, New York

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

ONE ROQ Spirits, with a valuation of $42 million, is raising funds on Andes Capital. The company owns ONE ROQ Vodka, an adult beverage brand, and a membership community that focuses on redefining brand experience through equity, lifestyle, and reward. ONE ROQ Spirits has won several awards for its taste and design and reported a 118% increase in sales and a 94% increase in registered app users in 2021. Garrett Green founded ONE ROQ Spirits in 2012. The current crowdfunding campaign has a minimum target of $9,998.82 and a maximum target of $3.9 million. The campaign proceeds will be used for digital acquisition, inventory production, G&A, marketing and events, and legal and accounting expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$123,982

$64,510

COGS

$111,956

$26,647

Tax

$0

$0

 

 

Net Income

$-564,807

$-462,201

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$20,751

$72,376

Accounts Receivable

$37,296

$21,180

Total Assets

$306,049

$195,936

Short-Term Debt

$166,680

$97,681

Long-Term Debt

$118,482

$130,540

Total Liabilities

$285,162

$228,221

Financials as of: 01/12/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
ONE ROQ Spirits 12/21/2023 Andes Capital $42,000,000 $320,654 Equity - Common Active RegCF
ONE ROQ Spirits 02/09/2022 StartEngine $23,179,353 $1,062,459 Equity - Common Funded RegCF
ONE ROQ Spirits 04/15/2020 StartEngine $10,100,000 $1,000,000 Equity - Common Funded RegCF
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ONE ROQ Spirits on Andes Capital 2023
$
Platform: Andes Capital
Security Type: Equity - Common
Valuation: $42,000,000
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