The Hudson House & Distillery
Distillery
Overview
Raised: $235,800
Total Commitments ($USD)
Platform
MainVest
Start Date
07/14/2021
Close Date
12/29/2021
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/01/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,412
# of Investors
151
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2015
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
The Hudson House & Distillery, an upcoming distillery and boutique hotel in West Park, NY, is raising funds on MainVest. It will be an environmentally friendly boutique hotel, craft distillery, and event space with both land and water access. The distillery will produce ultra-premium spirits, including gins, vodkas, bourbons, and ryes. Charles Ferri and Paul Seres founded The Hudson House & Distillery in June 2015. The proceeds of the current crowdfunding round, with a minimum raise of $100,000 and a maximum raise of $250,000, will target the purchase of warehouse equipment, ramping up production, waterfront buildout, and working capital. The Hudson House & Distillery will be located on a 27-acre waterfront property with access to about 15% of the US population.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-42,454 |
$-95,912 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$175,915 |
$342,294 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$3,251,575 |
$1,528,717 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$1,542,471 |
$704,538 |
|
Total Liabilities |
$1,542,471 |
$704,538 |
Financials as of: 07/14/2021
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$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
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.