Woods Acre Wines

Woods Acre Wines

Closed: Oct. 2023

About this raise

Woods Acre Wines is raising funds on Honeycomb. The business is based in Cana, Virginia, and is known for its delicious and high-quality fruit wines. Woods Acre Wines makes wines using locally produced fruits, including blackberries and raspberries, and does not use any syrups or fusions. Woods Acre Wines is appreciated by various wine enthusiasts for its unique flavors and natural ingredients and is proud of selling its wines faster than it can produce. Jason Woods founded Woods Acre Wines in May 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $27,000. The campaign proceeds will be used for land expansion, equipment, and inventory.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
09/15/2023
Close Date
10/16/2023
Min. Goal
$25,000
Max Goal
$27,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Cana, Virginia
Company Website
Visit Website

Team

Employees
2

Funding data not publicly available

Financials

as of Fiscal Year 2022
 Revenue
$0
 Cash on Hand
$12,610
Gross Margin
76%

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$19,150

$8,590

COGS

$4,559

$4,258

Tax

$0

$0

 

 

Net Income

$3,822

$1,680

Summary Balance Sheet

FY 2022 FY 2021

Cash

$12,610

$8,707

Accounts Receivable

$0

$0

Total Assets

$12,610

$8,707

Short-Term Debt

$30

$658

Long-Term Debt

$0

$0

Total Liabilities

$30

$658

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/16/2023 Honeycomb - $0 Debt Not Funded RegCF
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Woods Acre Wines on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Woods Acre Wines may no longer be accepting investments.

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