Culmination Brewing

Neutral
BETA

A locally-owned craft brewery

Analytics

Raised to Date: $284,640

Aggregate Commitments $
Platform

SMBX

Start Date

10/27/2020

Close Date

01/31/2021

Min. Goal

$250,000

Max. Goal

$400,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Weekly Commitments $
Status

Active

Reporting Date

01/24/2021

Days Remaining

5

% of Min. Goal

114%

% of Max. Goal

71%

Likelihood of Max
Avg. Daily Raise

$3,198

Momentum
Location

Portland, Oregon

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

Culmination Brewing, a locally-owned craft brewery, is raising funds on SMBX. The brewery focuses on innovation and combines good food, excellent beer, friends, and family to create memories and smiles. The taproom serves innovative and refined beers along with a mighty food menu. Tomas Sluiter founded Culmination Brewing in 2013. The proceeds of the current crowdfunding campaign, with a minimum raise of $250,000 and a maximum raise of $400,000, will be used to purchase new brewing equipment and invest in cans and labor costs. Culmination Brewing plans to expand through a new can line, more cellar tanks, a hot side expansion, new taprooms across the Pacific Northwest, and a brewery in Japan.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,502,406

$1,276,464

COGS

$1,019,672

$813,314

Tax

$33,235

$20,341

 

 

Net Income

$1,440

$-25,154

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$27,320

$20,833

Accounts Receivable

$56,825

$32,716

Total Assets

$658,094

$692,919

Short-Term Debt

$457,933

$501,767

Long-Term Debt

$81,152

$0

Total Liabilities

$539,085

$575,350

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