Sandinista Tequila

Sandinista Tequila

Early Stage

The Spirit of Liberation

The Spirit of Liberation

Overview

Raised this Round: Raised: $21,039

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/19/2023

Close Date

06/29/2023

Min. Goal
$9,998
Max. Goal
$999,996
Min. Investment

$248

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.90

Pre-Money Valuation

$8,337,187

Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Miami, Florida

Business Type

Growth

Sandinista Tequila, with a valuation of $8.34 million, is raising funds on StartEngine. The company makes its tequila reposado flavored with lime, sriracha, and a blend of spices. The tequila of Sandinista Tequila is highly differentiated and designed ground up to be sustainable and scalable. Sandinista Tequila has a distribution contract with Republic National Distributing Company for 33 states in the US and with Park Street Imports for supplying and importing for all 50 US states. David Larson founded Sandinista Tequila in September 2019. The current crowdfunding campaign has a minimum target of $9,998.10 and a maximum target of $999,996.30. The campaign proceeds will be used for marketing, inventory, employment, and operations.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$17,817

$0

COGS

$6,500

$0

Tax

$0

$0

 

 

Net Income

$-84,114

$-28,060

Summary Balance Sheet

FY 2022 FY 2021

Cash

$25,219

$7,193

Accounts Receivable

$0

$0

Total Assets

$265,323

$162,708

Short-Term Debt

$58,855

$0

Long-Term Debt

$0

$0

Total Liabilities

$58,855

$0

Financials as of: 03/19/2023
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Sandinista Tequila on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,337,187
Price per Share: $6.90

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