Gentile Brewing Company
Brewery
Overview
Raised: $75,000
Total Commitments ($USD)
Platform
MainVest
Start Date
12/28/2020
Close Date
02/14/2021
Min. Goal
$50,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/27/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,596
# of Investors
100
Momentum
Funded
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Year Founded
2015
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Gentile Brewing Company, a brewery in Beverly, MA, is raising crowdfunding on MainVest. The nano-craft brewery provides fresh craft beer made with top quality ingredients. The beer is made with traditional English-style ingredients and brewing methods. Paul Gentile and Christen Gentile founded Gentile Brewing Company in 2015. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $75,000, and the proceeds will be used to improve the brewery function and taproom experience, purchase new equipment, and upgrade mechanical equipment. Gentile Brewing Company offers four year-round beers and releases small batches of innovative beers to try out new ideas.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$260,212 |
$225,400 |
|
COGS |
$31,832 |
$32,729 |
|
Tax |
$13,905 |
$6,606 |
| ||
| ||
|
Net Income |
$8,134 |
$26,030 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$7,326 |
$18,530 |
|
Accounts Receivable |
$3,384 |
$0 |
|
Total Assets |
$146,312 |
$150,813 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$28,296 |
$13,314 |
|
Total Liabilities |
$28,296 |
$13,314 |
Financials as of: 12/28/2020
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