Settle Down Brewery

Settle Down Brewery

Closed: Feb. 2021

About this raise

Settle Down Brewery, an upcoming brewery in Gilroy, CA, is raising funds on MainVest. The brewery and taproom make top-notch homebrews, including staple beers like pilsners, pale ales, IPAs, stouts, and sours. The brewers also add their personal twist to the beers with far-reaching recipes like a pickle sour, smoked honey ham scotch blonde, and habanero basil pale ale. Giovanni Albanese and Robert Anderson founded Settle Down Brewery in November 2019. The proceeds of the current crowdfunding campaign, with a minimum target of $55,000 and a maximum target of $106,000, will be used for startup design and construction, furnishings, Crowler machine, bar top, and custom tap handles. Settle Down Brewery will be a place that pushes the limits, with familiar flavors and the ones that stretch the boundaries of what a beer can be.

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Investment Overview

Not Funded: $1,200

Deal Terms

Total Commitments

Platform
MainVest
Start Date
10/09/2020
Close Date
02/17/2021
Min. Goal
$55,000
Max Goal
$106,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Gilroy, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Founder Name
Giovanni Albanese Jr.
Title
Owner
Founder Name
Robert Anderson
Title
Co-Owner

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/17/2021 MainVest - $1,200 Revenue Share Not Funded RegCF
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Settle Down Brewery on MainVest
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Settle Down Brewery may no longer be accepting investments.

Settle Down Brewery Deal Report

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