Yeyo Tequila

Yeyo Tequila

Early Stage

Sip. Discover. Celebrate.

Sip. Discover. Celebrate.

Overview

Raised to Date: Raised: $361,723

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/29/2023

Close Date

08/30/2023

Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$10,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/02/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,364

# of Investors

385

Momentum
Funded
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Year Founded

2022

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

ALPHARETTA, Georgia

Business Type

Growth

Yeyo Tequila, with a valuation of $10 million, is raising funds on StartEngine. The business makes bold and flavorful tequila using the world’s finest blue agaves grown in the ‘golden triangle.’ The unique taste of Yeyo Tequila is perfected by age-old distilling techniques and a combination of high-quality ingredients. Yeyo Tequila has generated $900,000 in lifetime sales, with a growing customer base and repeat business from several distributors. John Bullinger founded Yeyo Tequila in November 2022. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, operations, inventory, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$266,936

$457,764

COGS

$154,847

$346,439

Tax

$0

$0

 

 

Net Income

$3,389

$-121,940

Summary Balance Sheet

FY 2022 FY 2021

Cash

$15,688

$57,317

Accounts Receivable

$59,866

$3,021

Total Assets

$175,373

$60,338

Short-Term Debt

$433,308

$342,776

Long-Term Debt

$67,355

$47,724

Total Liabilities

$500,663

$390,500

Financials as of: 03/29/2023
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Yeyo Tequila on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $1.00

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