Peak Cocktails

Peak Cocktails

Early Stage

Revolutionizing the Alcohol-Free Market for Active People

Revolutionizing the Alcohol-Free Market for Active People

Overview

Raised to Date: Raised: $53,600

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/27/2024

Close Date

04/28/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$6,500,000

Valuation Cap

$7,200,000

Discount

5%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

12

% of Min. Goal

107%

% of Max. Goal

43%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,821

# of Investors

46

Momentum
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Location

Columbus, Ohio

Peak Cocktails, with a valuation of $7.2 million, is raising funds on Wefunder. The business makes non-alcoholic cocktails for athletes and active people. Peak Cocktails uses clinically tested ingredients and techniques of master mixologists to create cocktails that enhance the non-alcoholic drinking experience. The business has generated $600,000 in revenue with a 70% gross margin and 50% sales from repeat buyers. Ian Cross founded Peak Cocktails in December 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for inventory, marketing, operations, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$30,497

$0

COGS

$68,624

$0

Tax

$180

$0

 

 

Net Income

$-87,514

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$29,210

$6,000

Accounts Receivable

$0

$0

Total Assets

$32,644

$6,000

Short-Term Debt

$16,156

$0

Long-Term Debt

$0

$0

Total Liabilities

$16,156

$0

Financials as of: 03/27/2024
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Peak Cocktails on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $7,200,000

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