Overview
Raised: $63,150
Total Commitments ($USD)
Platform
MainVest
Start Date
06/15/2020
Close Date
08/26/2020
Min. Goal
$50,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.25X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$889
# of Investors
60
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Cartel Brewing & Blending, an upcoming brewery in Lancaster, PA, is raising funds on MainVest. The nano-brewery will offer craft beer brewed in small batches, in addition to unique and tailored experiences through blending. The offerings of Cartel Brewing & Blending will include all dark beers, kettle sours, lighter ales, house blends and poured to order blends, barrel-aged beers, and lite fare cafe menu. Cartel Brewing & Blending was founded by Adam Chamberland, Cullen Farrell, Kyle Ober, and Xiang Guo in 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000, and the proceeds will be used for property renovations and equipment. Cartel Brewing & Blending is focused on high levels of quality and freshness using traditional categories, flavors, and ingredients.
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: 06/15/2020
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