Frog Juice

Frog Juice

Beverage

Beverage

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

MainVest

Start Date

07/07/2020

Close Date

01/06/2021

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.70X

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

01/16/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Maryville, Tennessee

Business Type

Life Style

Frog Juice, a beverage company in Knoxville, TN, is raising funds on MainVest. The company makes organic artisanal small-batch Kombucha, Jun, and Fire Cider, using fair trade and local ingredients. It is the only Kombucha brewery within two hours of Knoxville and is on track to be the primary Kombucha supplier to restaurants and retailers in the area. Frog Juice was founded by Frog Greishaw in 2014 in Chicago and relocated to Knoxville in 2017. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used to expand brewing operations and distributions by purchasing a new location. Frog Juice plans to grow and contribute to the community by opening The Denton Hotel. The hotel will have a tasting room, full-service bar, and expanded brewing capacity.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$41,036

COGS

$0

$8,818

Tax

$0

$0

 

 

Net Income

$0

$4,329

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$5,874

Accounts Receivable

$0

$0

Total Assets

$0

$23,525

Short-Term Debt

$0

$22,790

Long-Term Debt

$0

$40,438

Total Liabilities

$0

$63,228

Financials as of: 07/07/2020
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Frog Juice on MainVest
Platform: MainVest
Security Type: Revenue Share

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