Saucy Brew Works

Saucy Brew Works

Growth Stage

Start Your Day Saucy

Start Your Day Saucy

Overview

Raised to Date: Raised: $218,027

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/12/2023

Close Date

04/29/2024

Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment

$250

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.52

Pre-Money Valuation

$64,897,011

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/18/2024

Days Remaining

10

% of Min. Goal

2,180%

% of Max. Goal

4%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,154

# of Investors

300

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2015

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Cleveland, Ohio

Business Type

Life Style

Saucy Brew Works, with a valuation of $64.9 million, is raising funds on StartEngine. The production brewery and brewpub focuses on high-quality products, including imaginative beer and food. Saucy Brew Works’ beers and brewpubs provide consistent quality and experience and have won several awards. The business is led by a passionate and experienced team and is one of the best breweries in Northeast Ohio. Brent Zimmerman founded Saucy Brew Works in June 2015. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $5 million. The campaign proceeds will be used for geographical expansion, product innovation, working capital, marketing, and debt reduction.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$8,815,429

$7,144,008

COGS

$6,825,876

$6,399,545

Tax

$0

$0

 

 

Net Income

$-2,176,016

$-3,038,577

Summary Balance Sheet

FY 2022 FY 2021

Cash

$261,154

$115,272

Accounts Receivable

$137,115

$49,369

Total Assets

$20,464,574

$10,456,594

Short-Term Debt

$6,157,469

$5,768,073

Long-Term Debt

$13,052,505

$1,842,588

Total Liabilities

$19,209,974

$7,610,661

Financials as of: 10/12/2023
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 04/28/2024 StartEngine $64,897,011 $218,027 Equity - Common Active RegCF
Saucy Brew Works 12/21/2021 StartEngine $112,731,764 $420,438 Equity - Common Funded RegCF
Saucy Brew Works 01/14/2021 StartEngine $82,430,000 $1,069,848 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Saucy Brew Works on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $64,897,011
Price per Share: $0.52

Follow company

Follow Saucy Brew Works on StartEngine 2023

Buy Saucy Brew Works's Deal Report

Saucy Brew Works Deal Report

Get KingsCrowd’s comprehensive report on Saucy Brew Works including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Saucy Brew Works is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Saucy Brew Works deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge