Quigley Fine Wines

Quigley Fine Wines

Closed: Dec. 2022

About this raise

Quigley Fine Wines, with a valuation of $10.8 million, is raising funds on StartEngine. It is a winemaker, importer, distributor, and retailer of fine wines from small family winemakers into the mainstream market. The wines of Quigley Fine Wines are organic and made using sustainably grown grapes. Quigley Fine Wines has been recognized as the best small family wine importer by Conde Nast International and as one of the top nine wine clubs in the world. Jeffrey Shapiro, Mary Shapiro, and Christina Quigley founded Quigley Fine Wines in December 2009. The current crowdfunding campaign has a minimum target of $9,999.72 and a maximum target of $1,069,998.12. The campaign proceeds will be used to open new tasting rooms and launch wholesale distribution.

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Investment Overview

Not Funded: $24,472

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
09/20/2022
Close Date
12/19/2022
Min. Goal
$10,000
Max Goal
$1,069,998
Min. Investment

$249

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.08

Pre-Money Valuation

$10,800,000

Company & Team

Company

Year Founded
2009
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
San Diego, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Mary Shapiro
Title
Owner/Founder/Manager
Founder Name
Jeffery Shapiro
Title
Owner/Founder/Manager

Financials

 Revenue +2% YoY
$3,682,924
 Monthly Burn
Profitable
 Cash on Hand
$109,246
 Gross Margin
37%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,682,924

$3,612,781

COGS

$2,334,932

$2,409,325

Tax

$0

$0

 

 

Net Income

$72,202

$-126,380

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$109,246

$36,319

Accounts Receivable

$0

$0

Total Assets

$872,201

$677,408

Short-Term Debt

$405,988

$122,748

Long-Term Debt

$1,916,829

$2,036,607

Total Liabilities

$2,322,817

$2,159,355

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/19/2022 StartEngine $10,800,000 $24,472 Equity - Common Not Funded RegCF
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Quigley Fine Wines on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,800,000
Price per Share: $1.08

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