Debellation Brewing
Brewery
Overview
Raised: $65,500
Total Commitments ($USD)
Platform
MainVest
Start Date
08/30/2020
Close Date
11/11/2020
Min. Goal
$50,000
Max. Goal
$120,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$910
# of Investors
46
Momentum
Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Debellation Brewing Co., an upcoming brewery in Richmond Hill, GA, is raising crowdfunding on MainVest. It is going to be the first craft beer brewery in the city of Richmond Hill, offering new styles and flavors of the beer. The brewery will make twelve unique flavors of premium craft beer using high-quality raw material. David Goodell founded Debellation Brewing Co. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $120,000, will be used for brewery buildout and startup capital. Debellation Brewing Co. is led by an extremely experienced team with prior knowledge of restaurant ownership. The brewery will be built at a prime location and among a community of loyal customers.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/30/2020
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Debellation Brewing Company | 12/14/2023 | MainVest | - | $24,500 | Revenue Share | Funded | RegCF |
| Debellation Brewing Company | 09/28/2023 | MainVest | - | $30,000 | Revenue Share | Funded | RegCF |
| Debellation Brewing Company | 05/26/2023 | MainVest | - | $30,000 | Revenue Share | Funded | RegCF |
| Debellation Brewing | 04/08/2021 | MainVest | - | $13,200 | Revenue Share | Funded | RegCF |
| Debellation Brewing | 02/23/2021 | MainVest | - | $30,000 | Revenue Share | Funded | RegCF |
| Debellation Brewing | 01/14/2021 | MainVest | - | $66,500 | Revenue Share | Funded | RegCF |
| Debellation Brewing | 11/10/2020 | MainVest | - | $65,500 | Revenue Share | Funded | RegCF |
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