South Bend Brew Werks

Neutral
BETA

Brewery

Analytics

Raised to Date: $100,000

Aggregate Commitments $
Platform

MainVest

Start Date

11/18/2020

Close Date

01/24/2021

Min. Goal

$50,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Series

Pre-Seed

Weekly Commitments $
Status
Funded
Reporting Date

01/31/2021

Days Remaining
Funded
% of Min. Goal

200%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$1,493

# of Investors

191

Momentum
Funded
Location

South Bend, Indiana

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

South Bend Brew Werks, a brewery in South Bend, IN, is raising funds on MainVest. The brewery serves a variety of craft beer, including Stargazer IPA, Emily’s Grapefruit IPA, and Touchdown Cheezus Grilled Cheese. It is now planning to relocate to a new location. South Bend Brew Werks was founded by Steve Lowe in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $100,000, will be used towards space buildout and equipment & fixtures. South Bend Brew Werks’ new location will have 75% more capacity, outdoor patio seating, and doubled kitchen space to increase offerings.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$742,690

$671,598

COGS

$220,645

$222,856

Tax

$0

$0

 

 

Net Income

$80,677

$7,276

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$4,000

$2,948

Accounts Receivable

$0

$0

Total Assets

$69,708

$45,936

Short-Term Debt

$24,000

$24,000

Long-Term Debt

$18,000

$0

Total Liabilities

$42,000

$66,000

Other Deals

Cortex on Wefunder

Digital ad spend in the U.S. alone came in at over $92B for 2020

Crowd
Manta Biofuel on Republic

The global oil and gas market was $3 trillion in 2019. The U.S…

Crowd
R3 Printing on StartEngine

The R3 Printing team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add South Bend Brew Werks on MainVest
Follow company
Follow South Bend Brew Werks on MainVest