Rockport Brewing Company
Brewery
Overview
Raised: $124,000
Total Commitments ($USD)
Platform
MainVest
Start Date
01/16/2024
Close Date
04/05/2024
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rev. Share %
0.70%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,570
# of Investors
164
Momentum
Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Rockport Brewing Company is raising funds on MainVest. It is a family-owned micro craft brewery in Gloucester, Massachusetts. Rockport Brewing Company’s beer draws inspiration from coastal landscapes and infuses the spirit of the sea into artisanal beer. The brewery also plans to open its taproom soon to function as a space for families and friends to enjoy great beer and a warm ambiance. Raymond Pickup and Jordan Pickup founded Rockport Brewing Company in March 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used to open the production facility, distribution, and taproom.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$717,229 |
$452,561 |
|
COGS |
$445,941 |
$262,453 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-69,161 |
$-40,729 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/16/2024
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