Prolific Brewing Company
Family, friends, perfect atmosphere, and beer. What more do you need?
Overview
Raised: $83,055
Total Commitments ($USD)
Platform
Wefunder
Start Date
12/26/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$250
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
2.00X
Rev. Share %
10.00%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$670
# of Investors
47
Momentum
Funded
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Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Prolific Brewing Company is raising funds on Wefunder. It is an upcoming craft microbrewery in Murrieta, California. The brewery will start its production facilities in an industrial area along with an exceptionally-sized taproom. Prolific Brewing Company is led by an experienced team and has an award-winning product. Evan Kadow, Eric Bovich, Aubrey Kadow, and Tyler Bovich founded Prolific Brewing Company in September 2020. 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 the loan downpayment for the construction of the microbrewery and taproom and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$800 |
$800 |
| ||
| ||
|
Net Income |
$-1,329 |
$-16,463 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$93,008 |
$94,337 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$93,008 |
$94,337 |
|
Short-Term Debt |
$800 |
$800 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$800 |
$800 |
Financials as of: 12/26/2022
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