Greenberry’s Coffee Roasters (previously Greenberry’s Hard Coffee)

Greenberry’s Coffee Roasters (previously Greenberry’s Hard Coffee)

Growth Stage

Craft-Roasted Alcohol-Infused Nitro Cold Brew

Craft-Roasted Alcohol-Infused Nitro Cold Brew

Overview

Raised to Date: Raised: $137,872

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/31/2022

Close Date

07/29/2022

Min. Goal
$9,996
Max. Goal
$335,792
Min. Investment

$242

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$11.00

Pre-Money Valuation

$55,208,318

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/30/2022

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

$1,159

# of Investors

126

Momentum
Funded
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Year Founded

2021

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Charlottesville, Virginia

Business Type

Growth

Greenberry’s Coffee Roasters, with a valuation of $55.2 million, is raising funds on StartEngine. The company makes delicious craft-roasted alcohol-infused nitro cold brews. The beverages of Greenberry’s Coffee Roasters bring coffee and alcohol together for an innovative experience. Greenberry’s is bringing the feel of local coffee shops to domestic and international markets with its friendly cafes, craft-roasted beans, and high-quality ready-to-drink coffees. Sean Simmons and Roxanne Simmons founded Greenberry’s Coffee Roasters in February 2021. The current crowdfunding campaign has a minimum target of $9,995.52 and a maximum target of $335,792.48. The campaign proceeds will be used to accelerate the expansion of the business and become more profitable.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,785,849

$2,376,867

COGS

$1,232,785

$1,562,405

Tax

$0

$0

 

 

Net Income

$149,828

$141,128

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$30,488

$24,635

Accounts Receivable

$80,824

$134,305

Total Assets

$548,096

$426,745

Short-Term Debt

$351,100

$390,026

Long-Term Debt

$159,900

$0

Total Liabilities

$511,000

$390,026

Financials as of: 03/31/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Greenberry’s Coffee Roasters (previously Greenberry’s Hard Coffee) 07/28/2022 StartEngine $55,208,318 $137,872 Equity - Common Funded RegCF
Greenberry’s Hard Coffee 11/22/2021 StartEngine $55,000,000 $213,333 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Greenberry’s Coffee Roasters on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $55,208,318
Price per Share: $11.00

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