Overview
Raised: $75,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
08/11/2021
Close Date
09/23/2021
Min. Goal
$20,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,786
# of Investors
19
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2015
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Tall Pines Distillery, the first legal moonshine distillery in Somerset County, is raising crowdfunding on Honeycomb. The distillery manufactures and produces Moonshine, Whiskey, Rum, and Bourbon. It also has an entertainment space with an outdoor bar and outdoor seating. Keith and Lisa Welch founded Tall Pines Distillery in 2014. The proceeds of the current crowdfunding round, with a minimum raise of $20,000 and a maximum raise of $75,000, will target the Ivory Buck boutique buildout and distillery addition. Tall Pines Distillery produces 22 liquors and has one franchise in Pineville, MO. It also has a satellite location in Donegal, PA, and is working on a new franchise in Blairsville, GA.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$472,758 |
$384,631 |
|
COGS |
$203,970 |
$140,725 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$19,569 |
$26,519 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$8 |
$10 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$85,794 |
$49,499 |
|
Short-Term Debt |
$132,862 |
$72,471 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$132,862 |
$72,471 |
Financials as of: 08/11/2021
Create a free account today to gain access to KingsCrowd analytics.
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.