Goodwood Brewing Co
Touched by Wood. Brewed with Limestone Water.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Fundopolis
Start Date
05/31/2020
Close Date
11/18/2020
Min. Goal
$25,000
Max. Goal
$249,999
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/17/2020
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
2005
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Goodwood Brewing Co, a premium craft brewery and distillery in Louisville, KY, is raising funds on Fundopolis. The brewery is known for its beer, spirits, and taprooms and offers product differentiated as its beers are brewed with limestone water. It is a nationally distributed craft brewing sensation, reaching fourteen states and two taprooms. Goodwood Brewing Co was founded by Ted Mitzlaff in 2005 and has earned several accolades ever since its founding. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $249,999, and the proceeds will be used to expand the product line, locations, and collaborations. Goodwood Brewing Co has seven products in its core line, with several seasonal offerings. The company has collaborated with Bardstown Bourbon Company, Cellar Door Chocolates, and Bourbon Barrel Foods and has won numerous awards and accolades for its spirits.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,121,081 |
$1,321,584 |
|
COGS |
$923,210 |
$541,587 |
|
Tax |
$106,546 |
$80,785 |
| ||
| ||
|
Net Income |
$-488,174 |
$-873,499 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$266,203 |
$2,249 |
|
Accounts Receivable |
$6,329 |
$3,240 |
|
Total Assets |
$1,564,299 |
$1,009,184 |
|
Short-Term Debt |
$884,069 |
$635,511 |
|
Long-Term Debt |
$405,000 |
$494,000 |
|
Total Liabilities |
$1,289,069 |
$1,129,511 |
Financials as of: 05/31/2020
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