Back Porch Brewing
Brewery
Overview
Raised: $21,400
Total Commitments ($USD)
Platform
MainVest
Start Date
04/27/2021
Close Date
06/25/2021
Min. Goal
$20,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$369
# of Investors
32
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
Back Porch Brewing, a brewery in Carlisle, PA, is raising crowdfunding on MainVest. The business is established as a home-based brewing operation and plans to expand to a commercial location. The brewery makes unique and good-tasting craft beers. Tim Wickard and Rod Harman founded Back Porch Brewing in 2019. The current crowdfunding round has a minimum target of $20,000 and a maximum target of $50,000, and the funds will be used to build a commercial kitchen and complete renovations. Back Porch Brewing will be located at an excellent location and cater to both locals and tourists.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$19,663 |
$63 |
|
COGS |
$14,868 |
$0 |
|
Tax |
$2,770 |
$0 |
| ||
| ||
|
Net Income |
$-9,817 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,040 |
$2,128 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$45,188 |
$46,055 |
|
Short-Term Debt |
$13,533 |
$6,664 |
|
Long-Term Debt |
$18,123 |
$25,000 |
|
Total Liabilities |
$31,656 |
$31,664 |
Financials as of: 04/27/2021
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