Naked River Brewing Company
BREWERY IN CHATTANOOGA, TN
Overview
Raised: $107,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/11/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$4,280
# of Investors
72
Momentum
Funded
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Year Founded
2017
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Location
Chattanooga, Tennessee
Naked River Brewing Company, a brewery in Chattanooga, TN, is raising funds on MainVest. The offerings of the brewery include delicious brews, a rotating menu of 16 seasonal small-batch beers, a full food menu with Texas-style barbecue, and catering service and event space. Naked River Brewing Company was founded by Jake Raulston, Michael Robinson, and Nathan Woods, bringing years of beverage and hospitality experience to the business. The proceeds of the current round of crowdfunding, with a minimum target of $55,000 and a maximum target of $107,000, will be used to increase the packaged beer can production, and to add more production capacity, add more seating and event area. Naked River Brewing Company is well-established with average monthly revenue of $108,000, an average ticket size of $17.50, and a profit margin of 9%.
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