Red Eye Louie’s
#LIFEBLENDED
Analytics
Raised to Date: $108,639
Aggregate Commitments $
StartEngine
10/01/2020
04/08/2021
$10,000
$1,070,000
$250
Equity - Common
RegCF
Series A
$15,000,000
Weekly Commitments $
Active
01/20/2021
76
1,086%
10%
$979
184
Birmingham, Alabama
Alcohol, Tobacco, & Recreational Drugs
Non-Tech
B2B/B2C
Medium
High
Red Eye Louie’s, with a $15 million pre-money valuation, is raising crowdfunding on StartEngine. It is a spirit brand that makes unique blends by experimenting with mixtures of different spirits. The company has already created VODQUILA by thermally-blending vodka and tequila, RUMQUILA with rum and tequila, and WHISQUILA by blending rye whiskey with tequila. Chander Arora, Nina Arora, and Vikram Arora founded Red Eye Louie’s in 2011. The proceeds of the current crowdfunding campaign, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used for developing and releasing new product offerings. Red Eye Louie’s has shipped over 100,000 cases of its premium spirits across the nation as well as to international markets.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$951,990 |
$986,575 |
|
COGS |
$664,828 |
$671,311 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$44,671 |
$23,953 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$56,618 |
$113,155 |
|
Accounts Receivable |
$84,530 |
$84,530 |
|
Total Assets |
$712,286 |
$755,582 |
|
Short-Term Debt |
$61,046 |
$112,456 |
|
Long-Term Debt |
$466,407 |
$0 |
|
Total Liabilities |
$527,453 |
$595,390 |
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