Saucy Brew Works

Saucy Brew Works

Growth Stage

Building a brewery the Saucy Way

Building a brewery the Saucy Way

Overview

Raised to Date: Raised: $1,069,848

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/23/2020

Close Date

01/14/2021

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$82,430,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$5,219

# of Investors

2,712

Momentum
Funded
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

High

Capital Intensity

High

Location

Cleveland, Ohio

Business Type

Growth

Saucy Brew Works, with a pre-money valuation of $82.4 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 $1,070,000, and the funds will be used to expand and open three 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

$2,954,555

$2,352,396

COGS

$3,297,969

$2,964,067

Tax

$0

$0

 

 

Net Income

$-2,229,880

$-2,410,892

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$211,029

$542,660

Accounts Receivable

$36,485

$9,663

Total Assets

$4,722,863

$5,056,480

Short-Term Debt

$980,097

$967,120

Long-Term Debt

$1,022,303

$633,481

Total Liabilities

$2,002,400

$1,600,601

Financials as of: 06/23/2020
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 04/29/2024 StartEngine $64,897,011 $199,780 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.

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.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Saucy Brew Works on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $82,430,000
Price per Share: $1.00

Follow company

Follow Saucy Brew Works on StartEngine

Buy Saucy Brew Works's Deal Report

Warning: according to the close date for this deal, Saucy Brew Works may no longer be accepting investments.

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