Tall Pines Distillery

Tall Pines Distillery

Distillery

Distillery

Overview

Raised this Round: Raised: $74,250

Total Commitments ($USD)

Platform

Honeycomb

Start Date

05/21/2023

Close Date

07/06/2023

Min. Goal
$65,000
Max. Goal
$75,000
Min. Investment

$250

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.50%

Year Founded

2015

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Location

Salisbury, Pennsylvania

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. Tall Pines Distillery has been in business for nine years with a track record of growth. The business generated over half a million dollars in revenue in 2021 and 2022. Keith and Lisa Welch founded Tall Pines Distillery in 2014. The current crowdfunding campaign has a minimum target of $65,000 and a maximum target of $75,000. The campaign proceeds will be used to build a new spirits store and cocktail bar in Lancaster, PA.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$506,851

$603,875

COGS

$86,813

$115,992

Tax

$0

$0

 

 

Net Income

$-93,691

$1,937

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$13,380

Accounts Receivable

$0

$0

Total Assets

$371,980

$171,230

Short-Term Debt

$3,664

$0

Long-Term Debt

$446,626

$264,751

Total Liabilities

$450,290

$264,751

Financials as of: 05/21/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Tall Pines Distillery 07/05/2023 Honeycomb - $74,250 Debt Funded RegCF
Tall Pines Distillery 09/22/2021 Honeycomb - $75,000 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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Tall Pines Distillery on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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