Saucy Brew Works

Saucy Brew Works

Growth Stage

Building a brewery the Saucy Way

Building a brewery the Saucy Way

Overview

Raised to Date: Raised: $420,438

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/08/2021

Close Date

12/22/2021

Min. Goal
$10,000
Max. Goal
$3,974,551
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$112,731,764

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,145

# of Investors

787

Momentum
Funded
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Year Founded

2015

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Cleveland, Ohio

Business Type

Life Style

Company Website

Saucy Brew Works, with a pre-money valuation of $113 million, is raising funds on StartEngine. The production brewery and brewpub focuses on high-quality products, including imaginative beer and food. The beers and brewpubs of Saucy Brew Works provide consistent quality and experience and have won several awards. Saucy Brew Works was founded by Eric Anderson and Brent Zimmerman in June 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3,974,551, and the funds will be used to expand and open new pubs and a production facility. Saucy Brew Works is led by a passionate and experienced team and is one of the best breweries in Northeast Ohio.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,589,380

$2,954,555

COGS

$3,850,234

$3,513,695

Tax

$0

$0

 

 

Net Income

$-2,636,884

$-2,229,880

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$82,388

$211,029

Accounts Receivable

$91,859

$36,485

Total Assets

$11,154,651

$4,722,863

Short-Term Debt

$1,987,532

$560,120

Long-Term Debt

$3,566,028

$400,044

Total Liabilities

$5,553,560

$960,164
Financials as of: 06/08/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Saucy Brew Works 04/28/2024 StartEngine $64,897,011 $218,027 Equity - Common Active RegCF
Saucy Brew Works 12/21/2021 StartEngine $112,731,764 $420,438 Equity - Common Funded RegCF
Saucy Brew Works 01/14/2021 StartEngine $82,430,000 $1,069,848 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Saucy Brew Works on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $112,731,764
Price per Share: $1.00

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