Taproom 120

Taproom 120

Brewery

Brewery

Overview

Raised to Date: Raised: $36,700

Total Commitments ($USD)

Platform

Honeycomb

Start Date

08/16/2022

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

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/01/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$834

# of Investors

59

Momentum
Funded
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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

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.

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

Financials as of: 08/16/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Taproom-120 01/16/2024 Honeycomb - $26,982 Debt Funded RegCF
Taproom 120 09/29/2022 Honeycomb - $36,700 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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Taproom 120 on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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