Lost Spirits Distillery
Meet the "Willy Wonka" of Booze. - Playboy Magazine.
Analytics
Raised to Date: $1,070,000
Aggregate Commitments $
Wefunder
03/09/2020
03/21/2020
$50,000
$1,070,000
$100
Equity - Common
RegCF
Seed
$20,022,056
Weekly Commitments $
03/31/2020
2,140%
100%
$89,167
2,424
Los Angeles, California
Alcohol, Tobacco, & Recreational Drugs
Non-Tech
B2C
High
High
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 |
$0 |
|
Total Liabilities |
$784,064 |
$227,432 |
Summary of Crowdfunding Raises
| Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/09/2021 | Wefunder | $2,005,000 | $1,042,241 | Equity - Common | Active | RegCF |
| 03/21/2020 | Wefunder | $20,022,056 | $1,070,000 | Equity - Common | Confirmed Closed | RegCF |
Ratings
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Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.
For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Other Deals
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