South Bend Brew Werks
Brewery
Analytics
Raised to Date: $100,000
Aggregate Commitments $
MainVest
11/18/2020
01/24/2021
$50,000
$100,000
$100
Revenue Share Note
RegCF
Pre-Seed
Weekly Commitments $
01/31/2021
200%
100%
$1,493
191
South Bend, Indiana
Alcohol, Tobacco, & Recreational Drugs
Non-Tech
B2C
Medium
High
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 |
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