Camino Brewing Co.

Camino Brewing Co.

Brewery

Brewery

Overview

Raised to Date: Raised: $98,300

Total Commitments ($USD)

Platform

MainVest

Start Date

09/27/2020

Close Date

12/02/2020

Min. Goal
$25,000
Max. Goal
$150,000
Min. Investment

$100

Security Type

Revenue Share

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2020

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

$1,512

# of Investors

87

Momentum
Funded
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Year Founded

2014

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

San Jose, California

Business Type

Life Style

Camino Brewing Co., a brewery in San Jose, CA, is raising funds on MainVest. The brewery makes delicious handcrafted beverages inspired by a pilgrimage journey on the Camino de Santiago pilgrimage trail. The company also owns a taproom and beer garden in addition to the brewery. Nathan Poulos and Allen Korenstein founded Camino Brewing Co. in 2014. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $150,000, will be used for renovating the existing location, expansion of production, and product development. The handcrafted beers of Camino Brewing Co. are currently sold at New Seasons, Nob Hill Markets, Eureka Burger, and Whole Foods Markets.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$770,529

$481,815

COGS

$139,977

$219,424

Tax

$0

$0

 

 

Net Income

$-112,278

$-749,744

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$24,269

$68,566

Accounts Receivable

$111,433

$14,384

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 09/27/2020
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Camino Brewing Co. on MainVest
Platform: MainVest
Security Type: Revenue Share

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