QUI Tequila

Growth Stage

Taste the Unseen

Analytics

Raised to Date: Raised: $585,726

Aggregate Commitments $

Platform

StartEngine

Start Date

01/05/2022

Close Date

04/05/2022

Min. Goal

$10,000

Max. Goal

$1,069,996

Min. Investment

$488

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$45,010,715

Rolling Commitments $

Status

Active

Reporting Date

01/19/2022

Days Remaining

76

% of Min. Goal

5,857%

% of Max. Goal

55%

Likelihood of Max
extremely
Avg. Daily Raise

$41,838

Momentum
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Location

New York, New York

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

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: 01/05/2022
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QUI Tequila on StartEngine 2022
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $45,010,715

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