Trail Distilling

Trail Distilling

[Closed for Investment] Trail Distilling is raising funds on SMBX. It is a certified farm distillery in Oregon City, Oregon. Trail Distilling handcrafts its award-winning products using high-quality ingredients like clear Cascadian glacial water and naturally harvested grains. The business has a loyal customer base and aims to expand its production capacity to sell more of the products outside Oregon. Sara Brennan and Jerry Brennan founded Trail Distilling in October 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used for new equipment, marketing, and working capital.

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Investment Overview

Raised this Round: Raised: $66,940

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
07/08/2024
Close Date
08/20/2024
Min. Goal
$10,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.75%

Term Length

3.0 years

Company & Team

Company

Year Founded
2014
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Oregon City, Oregon
Business Type
Life Style
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
No
Founder Name
Sara Brennan
Title
Co-Owner
Founder Name
Jerry Brennan
Title
Co-Owner

Financials

as of Fiscal Year 2023
 Revenue +0% YoY
$479,805
 Monthly Burn
$7,054
 Runway
0.9 months
Gross Margin
61%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$479,805

$478,901

COGS

$186,019

$129,114

Tax

$0

$0

 

 

Net Income

$-84,652

$-13,110

Summary Balance Sheet

FY 2023 FY 2022

Cash

$6,394

$11,386

Accounts Receivable

$63,317

$41,199

Total Assets

$1,246,756

$1,200,297

Short-Term Debt

$247,942

$217,186

Long-Term Debt

$725,054

$634,910

Total Liabilities

$972,996

$852,096

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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
08/20/2024 SMBX - $66,940 Debt Funded RegCF
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Trail Distilling on SMBX 2024
Platform: SMBX
Security Type: Debt

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Warning: according to the close date for this deal, Trail Distilling may no longer be accepting investments.

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