Taproom 120

Taproom 120


About this raise: Taproom 120 is raising funds on Honeycomb. It is an upcoming brewery in Gilbert, Arizona. The bar is retro-pop-culture themed and will serve craft beer, wine, mead, seltzer, and a few non-alcoholic options. The retro theme of the taproom will nod to popular movies and TV shows from the 80s and 90s and will also have a gaming section with classic pinball machines and retro arcade games. Matt Poltash founded Taproom 120 in July 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for staffing, exterior signage, tables, chairs, and barstools, and ceiling and bathroom remodeling.

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Investment Overview

Invested this round: $36,700

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
08/17/2022
Close Date
09/30/2022
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.50%

Term Length

5.0 years

Company & Team

Company

Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Gilbert, Arizona
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Maegann Yarbrough
Title
Realtor
Founder Name
Matthew Poltash
Title
Owner/Operator
Founder Name
Jason Yarbrough
Title
Owner/Manager

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Taproom-120 01/17/2024 Honeycomb - $26,982 Debt Funded RegCF
Taproom 120 09/30/2022 Honeycomb - $36,700 Debt Funded RegCF
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Growth Charts

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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Taproom 120 on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Taproom 120 may no longer be accepting investments.

Taproom 120 Deal Report

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