Skeptic Distillery Co.

Early Stage

Award-Winning, Fresh, Smooth, Natural Spirits. Be Curious. Drink Skeptic.

Analytics

Raised to Date: Raised: $41,265

Aggregate Commitments $

Platform

StartEngine

Start Date

10/01/2021

Close Date

03/29/2022

Min. Goal

$10,000

Max. Goal

$1,000,000

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$5.00

Pre-Money Valuation

$9,000,000

Rolling Commitments $

Status
Funded
Reporting Date

04/03/2022

Days Remaining
Funded
% of Min. Goal

413%

% of Max. Goal

4%

Likelihood of Max
Funded
Avg. Daily Raise

$231

Momentum
Funded
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Location

Melrose Park, Illinois

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Skeptic Distillery, with a valuation of $9 million, is raising funds on StartEngine. The company creates fresh and smooth natural spirits by retaining the freshness of ingredients by using the cold vacuum distillation process. The spirits of Skeptic Distillery, mainly vodka and gin, do not contain sugar or other additives and are sold at various bars, restaurants, online, and stores. The sales of Skeptic Distillery reached $303,000 in 2020 and are already at $180,000 for 2021. Karl C Loepke founded Skeptic Distillery in 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The campaign proceeds will be used to create and sell off new brands.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$324,237

$40,050

COGS

$203,133

$13,851

Tax

$0

$0

 

 

Net Income

$-153,106

$-207,724

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$14,956

$13,610

Accounts Receivable

$45,511

$449

Total Assets

$309,692

$204,384

Short-Term Debt

$355,722

$253,925

Long-Term Debt

$299,666

$275,449

Total Liabilities

$655,388

$529,374

Financials as of: 10/01/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Skeptic Distillery Co. 03/29/2022 StartEngine $9,000,000 $41,265 Equity - Common Funded RegCF
Skeptic Distillery Co. 04/17/2020 Wefunder - $114,854 Debt Funded RegCF
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Skeptic Distillery on StartEngine 2021
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $9,000,000
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