Saucy Brew Works

Growth Stage

Building a brewery the Saucy Way

Analytics

Raised to Date: Raised: $420,438

Aggregate Commitments $

Platform

StartEngine

Start Date

06/09/2021

Close Date

12/22/2021

Min. Goal

$10,000

Max. Goal

$3,974,551

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$112,731,764

Rolling Commitments $

Status
Funded
Reporting Date

12/31/2021

Days Remaining
Funded
% of Min. Goal

4,204%

% of Max. Goal

11%

Likelihood of Max
Funded
Avg. Daily Raise

$2,145

Momentum
Funded
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Cleveland, Ohio

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Saucy Brew Works, with a pre-money valuation of $113 million, is raising funds on StartEngine. The production brewery and brewpub focuses on high-quality products, including imaginative beer and food. The beers and brewpubs of Saucy Brew Works provide consistent quality and experience and have won several awards. Saucy Brew Works was founded by Eric Anderson and Brent Zimmerman in June 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3,974,551, and the funds will be used to expand and open new pubs and a production facility. Saucy Brew Works is led by a passionate and experienced team and is one of the best breweries in Northeast Ohio.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,589,380

$2,954,555

COGS

$3,850,234

$3,513,695

Tax

$0

$0

 

 

Net Income

$-2,636,884

$-2,229,880

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$82,388

$211,029

Accounts Receivable

$91,859

$36,485

Total Assets

$11,154,651

$4,722,863

Short-Term Debt

$1,987,532

$560,120

Long-Term Debt

$3,566,028

$400,044

Total Liabilities

$5,553,560

$960,164

Financials as of: 06/09/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Saucy Brew Works 12/22/2021 StartEngine $112,731,764 $420,438 Equity - Common Funded RegCF
Saucy Brew Works 01/15/2021 StartEngine $82,430,000 $1,069,848 Equity - Common Funded RegCF
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Analyst Reports (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Saucy Brew Works on StartEngine 2021
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $112,731,764
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow Saucy Brew Works on StartEngine 2021