The Brooklyneer

The Brooklyneer

Closed: Sep. 2024

About this raise

The Brooklyneer is raising funds on SMBX. It is a brewery in Manhattan, New York, bringing the taste of Brooklyn to Manhattan through local beer, food, and craft cocktails. The Brooklyneer is the go-to place for locals, commuters, neighborhood denizens, and tourists, and it lets them experience the best of Brooklyn without traveling there. The business has a loyal customer base and plans to expand its appeal to the new generation of New Yorkers. Juan Gomez, William Waite, and Neena Dutta founded The Brooklyneer in August 2009. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used for marketing and branding to reach new customers.

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Investment Overview

Invested this round: $14,570

Deal Terms

Total Commitments

Platform
SMBX
Start Date
08/19/2024
Close Date
09/19/2024
Min. Goal
$10,000
Max Goal
$50,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2009
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Manhattan, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Juan Gomez
Title
Managing Member
Founder Name
William Waite
Title
Owner
Founder Name
Neena Dutta
Title
Owner/Partner

Financials

as of Fiscal Year 2023
 Revenue +46% YoY
$1,366,087
 Monthly Burn
Profitable
 Cash on Hand
$98,769
Gross Margin
78%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,366,087

$934,274

COGS

$294,128

$264,956

Tax

$0

$0

 

 

Net Income

$22,873

$-51,488

Summary Balance Sheet

FY 2023 FY 2022

Cash

$98,769

$2,041

Accounts Receivable

$196,113

$222,376

Total Assets

$377,313

$313,035

Short-Term Debt

$243,992

$197,470

Long-Term Debt

$299,575

$304,692

Total Liabilities

$543,567

$502,162

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/19/2024 SMBX - $14,570 Debt Funded RegCF
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The Brooklyneer on SMBX 2024
Platform: SMBX
Security Type: Debt

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