Winchester Ciderworks

Winchester Ciderworks

Open  for investment

About this raise

Winchester Ciderworks is raising funds on Honeycomb. The business makes a variety of flavourful hard ciders that blend traditional English cider-making with American innovation. Winchester Ciderworks’ ciders are made exclusively from apples grown locally in Frederick County, Virginia, and are all-natural and additives-free. The business has received several local accolades and won awards, and has been featured on Tavour, a platform known for highlighting exceptional craft beverages. Stephen Schuurman founded Winchester Ciderworks in April 2012. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for market expansion of a new line of cider and hiring employees.

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Investment Overview

Committed this round: $850

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
02/27/2025
Close Date
03/31/2025
Min. Goal
$25,000
Max Goal
$75,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2012
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Winchester, Virginia
Business Type
Life Style
Company Website
Visit Website

Team

Employees
13
Prior Founder Exits?
No
Founder Name
Stephen Schuurman
Title
Owner

Financials

as of Fiscal Year 2024
 Revenue +26% YoY
$438,988
 Monthly Burn
$30,200
 Runway
0.8 months
Gross Margin
66%

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$438,988

$349,590

COGS

$149,394

$121,858

Tax

$0

$0

 

 

Net Income

$-362,397

$-110,096

Summary Balance Sheet

FY 2024 FY 2023

Cash

$23,086

$8,045

Accounts Receivable

$58,112

$32,941

Total Assets

$967,211

$639,099

Short-Term Debt

$16,947

$89,080

Long-Term Debt

$898,518

$77,019

Total Liabilities

$915,465

$166,099

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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
03/31/2025 Honeycomb - $850 Debt Active RegCF
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Winchester Ciderworks on Honeycomb 2025
Platform: Honeycomb
Security Type: Debt

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