JK Williams Distilling

Neutral
BETA

Distillery

Analytics

Raised to Date: $109,900

Aggregate Commitments $
Platform

MainVest

Start Date

11/25/2020

Close Date

02/10/2021

Min. Goal

$150,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Weekly Commitments $
Status

Active

Reporting Date

01/20/2021

Days Remaining

17

% of Min. Goal

73%

% of Max. Goal

44%

Likelihood of Max
Avg. Daily Raise

$1,963

# of Investors

22

Momentum
Location

Peoria, Illinois

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

JK Williams Distilling, a distillery in Peoria, IL, is raising crowdfunding on MainVest. The company makes exclusive craft whiskey using high-quality grains, and top-notch craftsmanship passed down four generations of JK Williams. Andrew Faris founded JK Williams Distilling in 2012. The current round of crowdfunding of the company has a minimum raise of $150,000 and a maximum raise of $250,000, and the funds will be used towards the website, marketing, rebranding, retail inventory for the tasting room, and bottling of existing inventory. JK Williams Distilling plans to relocate its retail location to a new space and build out a tasting room.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$63,306

COGS

$3,200

$14,076

Tax

$0

$0

 

 

Net Income

$-52,461

$-81,111

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$206,444

$0

Short-Term Debt

$0

$0

Long-Term Debt

$51,640

$0

Total Liabilities

$51,640

$0

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