Lost Spirits Distillery

Meet the "Willy Wonka" of Booze. - Playboy Magazine.

Analytics

Raised to Date: $1,070,000

Aggregate Commitments $
Platform

Wefunder

Start Date

03/09/2020

Close Date

03/21/2020

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$20,022,056

Rolling Commitments $
Status
Funded
Reporting Date

03/31/2020

Days Remaining
Funded
% of Min. Goal

2,140%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$89,167

# of Investors

2,424

Momentum
Funded
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Location

Los Angeles, California

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

Growth

Lost Spirits Distillery, with a $20 pre-money valuation, is raising funds on WeFunder. It is one of the world’s best distilleries, blended with theme park experience. The new kind of distillery concept comes with an elaborate tour and fine dining experience and sells tickets for visits. Lost Spirits Distillery was founded by Bryan Davis and Joanne Haruta and has raised over $3.7 million since its founding. The proceeds of the current round of crowdfunding, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used towards increasing wholesale inventory, expansion of the tour in LA, and pursuing a new distillery in Las Vegas. Lost Spirits Distillery has reported a 1200% growth in revenues in the past three years and is tracking high revenue from the Los Angeles distillery.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,804,523

$383,749

COGS

$298,523

$174,540

Tax

$0

$0

 

 

Net Income

$-30,543

$-336,556

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$578,172

$11,714

Accounts Receivable

$0

$0

Total Assets

$1,356,725

$349,326

Short-Term Debt

$358,708

$176,231

Long-Term Debt

$425,356

$51,201

Total Liabilities

$784,064

$227,432

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Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
05/10/2021 Wefunder $2,005,000 $1,070,000 Equity - Common Active RegCF
03/21/2020 Wefunder $20,022,056 $1,070,000 Equity - Common Confirmed Closed RegCF
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