South Bend Brew Werks
About this raise
South Bend Brew Werks, a brewery in South Bend, IN, is raising funds on MainVest. The brewery serves a variety of craft beer, including Stargazer IPA, Emily’s Grapefruit IPA, and Touchdown Cheezus Grilled Cheese. It is now planning to relocate to a new location. South Bend Brew Werks was founded by Steve Lowe in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $100,000, will be used towards space buildout and equipment & fixtures. South Bend Brew Werks’ new location will have 75% more capacity, outdoor patio seating, and doubled kitchen space to increase offerings.
Investment Overview
Invested $100,000 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +11% YoY
- $742,690
- Monthly Burn
- Profitable
- Cash on Hand
- $4,000
- Gross Margin
- 70%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/24/2021 | MainVest | - | $100,000 | Revenue Share | Funded | RegCF |