Skeptic Distillery Co.

Skeptic Distillery Co.

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

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

Overview

Raised this Round: Raised: $114,854

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/31/2019

Close Date

04/17/2020

Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Melrose Park, Illinois

Business Type

Life Style

Skeptic Distillery, the creator of fresh and smooth natural spirits, is raising funds on WeFunder. The company retains the freshness of its 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. Skeptic Distillery was founded by Karl C Loepke and has raised $415,711 since its inception. The current crowdfunding round has a minimum target of $250,000 and a maximum target of $500,000, and the funds will be used towards equipment, raw materials, inventory, tasting-room buildout, facility improvement, and operating capital. Skeptic Distillery generated $53,000 in revenues in the past 12 months and expects to reach breakeven next year.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$36,792

$0

COGS

$8,842

$0

Tax

$0

$0

 

 

Net Income

$-63,629

$1,147

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,240

$12,090

Accounts Receivable

$27,888

$0

Total Assets

$209,183

$89,175

Short-Term Debt

$6,027

$6,122

Long-Term Debt

$285,115

$101,383

Total Liabilities

$291,142

$107,505

Financials as of: 10/31/2019
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Skeptic Distillery Co. 03/28/2022 StartEngine $9,000,000 $41,265 Equity - Common Funded RegCF
Skeptic Distillery Co. 04/16/2020 Wefunder - $114,854 Debt Funded RegCF
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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

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Skeptic Distillery on Wefunder
Platform: Wefunder
Security Type: Debt

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