The Distillery at South Shore

The Distillery at South Shore

A historic landmark is being reborn in Pittsburgh's South Shore!

A historic landmark is being reborn in Pittsburgh's South Shore!

Overview

Raised this Round: Raised: $51,600

Total Commitments ($USD)

Platform

Honeycomb

Start Date

07/05/2022

Close Date

09/03/2022

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

7.75%

Term Length

60.0 years

Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Carnegie, Pennsylvania

Business Type

Growth

The Distillery at South Shore is raising funds on Honeycomb. A historic landmark is being reborn on Pittsburgh's South Shore. This project will give new life to a historic landmark, the Joseph S. Finch & Co building, the last pre-prohibition whiskey distillery in the city of Pittsburgh. The Distillery at South Shore will bring a convenience store, a distillery, an artisan marketplace, a tasting room, and a restaurant under a single roof. Garry McCann founded The Distillery at South Shore in August 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for purchasing a fermenter, a mixing tank, a storage tank, still control panels and valves, and fixtures.

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

$13,327

$0

Accounts Receivable

$0

$0

Total Assets

$13,327

$0

Short-Term Debt

$0

$0

Long-Term Debt

$8,327

$0

Total Liabilities

$8,327

$0

Financials as of: 07/05/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
The Distillery at South Shore 09/02/2022 Honeycomb - $51,600 Debt Funded RegCF
The Distillery at South Shore 02/03/2022 Honeycomb - $254,378 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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The Distillery at South Shore on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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