Shippingport Brewing Company

Shippingport Brewing Company

Early Stage

Crafting beautiful beers and atmosphere for the myriad of life

Crafting beautiful beers and atmosphere for the myriad of life

Overview

Raised to Date: Raised: $116,705

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/06/2023

Close Date

04/29/2024

Min. Goal
$50,000
Max. Goal
$700,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,000,000

Valuation Cap

$3,500,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/04/2024

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

$810

# of Investors

57

Momentum
Funded
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Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Louisville, Kentucky

Business Type

Life Style

Shippingport Brewing Company, with a valuation of $3.5 million, is raising funds on Wefunder. It is a craft brewery in Louisville, Kentucky, that crafts beer and atmosphere for the myriad of life. Shippingport Brewing Company has a loyal customer base and is rated 5-star on Google. The business has served over 20,000 pints and 8,000 sandwiches and generated a quarter million overall revenue in 2022. Amelia Pillow founded Shippingport Brewing Company in October 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $700,000. The campaign proceeds will be used for operational costs, hiring a taproom manager, marketing, and patio update.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$311,620

$108,657

COGS

$73,097

$32,252

Tax

$42,280

$12,401

 

 

Net Income

$-1,343

$-89,921

Summary Balance Sheet

FY 2022 FY 2021

Cash

$894

$15,286

Accounts Receivable

$0

$0

Total Assets

$161,619

$190,913

Short-Term Debt

$0

$0

Long-Term Debt

$201,682

$200,725

Total Liabilities

$201,682

$200,725

Financials as of: 12/06/2023
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Shippingport Brewing Company on Wefunder 2023
Platform: Wefunder
Security Type: Convertible Note
Valuation: $3,500,000

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