Acre Mezcal

Award-winning Artisanal Mezcal

Analytics

Raised to Date: $387,173

Aggregate Commitments $
Platform

StartEngine

Start Date

12/16/2020

Close Date

04/30/2021

Min. Goal

$10,000

Max. Goal

$1,069,991

Min. Investment

$249

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$9,995,296

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

7

% of Min. Goal

3,872%

% of Max. Goal

36%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,073

# of Investors

362

Momentum
warm
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Location

Los Angeles, California

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Acre Mezcal, with a pre-money valuation of $10 million, is raising funds on StartEngine. It is a spirit brand that makes small-batch handcrafted mezcals. The business started as an amenity for Acre Resort but has quickly gained industry recognition. Jordan Haddad founded Acre Mezcal in November 2020. The current crowdfunding round has a minimum target of $9,999.64 and a maximum target of $1,069,991.30, and the proceeds will be used to amplify the popularity of the brand. Acre Mezcal has already reported sales of $100,000 since its launch, despite the pandemic. The four varieties of Acre Mezcal received medals at the San Francisco Spirits Competition in 2020.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$59,637

$0

COGS

$11,236

$0

Tax

$0

$0

 

 

Net Income

$20,359

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$15,842

$0

Accounts Receivable

$23,359

$0

Total Assets

$108,149

$0

Short-Term Debt

$22,162

$0

Long-Term Debt

$0

$0

Total Liabilities

$22,162

$0

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