Ferndale Project
Brewery
Overview
Raised: $250,000
Total Commitments ($USD)
Platform
MainVest
Start Date
11/01/2020
Close Date
12/31/2020
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($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
$4,237
# of Investors
216
Momentum
Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Ferndale Project, a brewery in Ferndale, MI, is raising crowdfunding on MainVest. The brewery offers great beer, excellent delivery service, and delicious food. The company has innovated during the pandemic and reopened with grace and care. Dayne Bartscht founded Ferndale Project in September 2019. The current crowdfunding campaign has a minimum goal of $50,000 and a maximum goal of $250,000, and the funds will be used to stabilize operations due to unanticipated growth during the coronavirus pandemic. Ferndale Project has continuously reinvented itself and is on pace to meet 2020 revenue projections. The brewery has launched the largest direct to customer beer delivery service in Michigan.
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: 11/01/2020
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