Pure Brands Company

Early Stage

100% Agave Tequila RTDs Made in Good Faith

Overview

Raised to Date: Raised: $26,866

Total Commitments ($USD)

Platform

StartEngine

Start Date

05/24/2023

Close Date

07/25/2023

Min. Goal
$9,992
Max. Goal
$1,234,983
Min. Investment

$153

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$9.01

Pre-Money Valuation

$10,011,011

Rolling Commitments ($USD)

Status

Active

Reporting Date

06/04/2023

Days Remaining

51

% of Min. Goal

269%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,442

# of Investors

27

Momentum
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Year Founded

2022

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

NEW YORK CITY, New York

Business Type

Growth

Pure Brands Company, with a valuation of $10.01 million, is raising funds on StartEngine. The company has developed a ready-to-drink cocktail, Buena Fe, using authentic, 100% blue agave tequila and high-quality organic ingredients. Pure Brands Company has established distribution partnerships in ten states and has received pre-orders from them. Patty Baer and Andrew Bushby founded Pure Brands Company in January 2022. The current crowdfunding campaign has a minimum target of $9,992.09 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, research and development, company employment, and operations.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$104,649

$903

COGS

$86,732

$0

Tax

$0

$0

 

 

Net Income

$156,985

$-172,666

Summary Balance Sheet

FY 2022 FY 2021

Cash

$95

$326

Accounts Receivable

$6,704

$0

Total Assets

$299,799

$68,182

Short-Term Debt

$2,922

$7,850

Long-Term Debt

$88,862

$0

Total Liabilities

$91,784

$7,850

Financials as of: 05/24/2023
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Pure Brands Company on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,011,011
Price per Share: $9.01

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