The Bad Stuff

The Bad Stuff

Early Stage

Luxury tequila brand

Luxury tequila brand

Overview

Raised to Date: Raised: $394,251

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/10/2021

Close Date

04/30/2021

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$197

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.70

Early Bird Valuation

$8,828,700

Pre-Money Valuation

$9,293,369

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/01/2021

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

$3,617

# of Investors

383

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

Location

Los Angeles, California

Business Type

Life Style

The Bad Stuff, with a pre-money valuation of $9.29 million, is raising funds on StartEngine. The company makes award-winning tequila using excellence and tradition. The tequila recipe has been perfected over 93 years in the family and is rich in flavor. Phillip Soto Mares and Darren Enenstein founded The Bad Stuff in 2015. The current crowdfunding round has a minimum raise of $9,999.50 and a maximum raise of $1,069,999.70, and the funds will be used to grow, expand, and launch new product lines. The Bad Stuff generated gross sales of $140,000 over the past twelve months and has won several awards across the country. The tequila has been featured in The Robb Report and is considered as “museum-grade.”

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$98,043

$102,423

COGS

$52,941

$53,861

Tax

$0

$0

 

 

Net Income

$-109,480

$-637,387

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$67,786

$65,226

Accounts Receivable

$38,424

$23,949

Total Assets

$5,507,369

$5,490,401

Short-Term Debt

$150,200

$43,731

Long-Term Debt

$0

$0

Total Liabilities

$150,200

$43,731

Financials as of: 01/10/2021
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
The Bad Stuff on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $9,293,369
Price per Share: $0.70

Follow company

Follow The Bad Stuff on StartEngine

Buy The Bad Stuff's Deal Report

Warning: according to the close date for this deal, The Bad Stuff may no longer be accepting investments.

The Bad Stuff Deal Report

Get KingsCrowd’s comprehensive report on The Bad Stuff including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether The Bad Stuff is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the The Bad Stuff deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge