QUI Tequila

QUI Tequila

Growth Stage

Taste the Unseen

Taste the Unseen

Overview

Raised to Date: Raised: $585,692

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/04/2022

Close Date

04/05/2022

Min. Goal
$10,000
Max. Goal
$1,069,996
Min. Investment

$488

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.68

Pre-Money Valuation

$45,010,715

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$6,508

# of Investors

190

Momentum
Funded
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Year Founded

2011

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

QUI Tequila, with a valuation of $45 million, is raising funds on StartEngine. It is a luxury tequila brand that makes beautifully aged tequilas. The brand was designed with female consumers in mind and offers luxurious sipping tequila, including QUI Platinum. QUI Platinum is a clear extra anejo tequila and has won the gold medal at the Spirits of the Americas competition. The company has generated $17 million in revenue since its inception and has received mentions in publications including Wall Street Journal and Forbes. Peter Girgis, Medhat Ibrahim, and Mike Keriakos founded QUI Tequila in March 2011. The current crowdfunding campaign has a minimum target of $9,999.96 and a maximum target of $1,069,995.72. The campaign proceeds will be used for entering new markets, distribution expansion, line extensions, and size offerings.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,977,801

$2,581,679

COGS

$1,392,890

$956,134

Tax

$0

$0

 

 

Net Income

$-627,682

$-1,613,270

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$49,223

$373,482

Accounts Receivable

$487,010

$0

Total Assets

$2,449,807

$1,711,231

Short-Term Debt

$244,717

$67,866

Long-Term Debt

$2,009,547

$1,902,539

Total Liabilities

$2,254,264

$1,970,405

Financials as of: 01/04/2022
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QUI Tequila on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $45,010,715
Price per Share: $6.68

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Warning: according to the close date for this deal, QUI Tequila may no longer be accepting investments.

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