The Bad Stuff

Neutral
BETA

Luxury tequila brand

Analytics

Raised to Date: $67,132

Aggregate Commitments $
Platform

StartEngine

Start Date

01/11/2021

Close Date

04/30/2021

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$197

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$9,293,369

Weekly Commitments $
Status

Active

Reporting Date

01/17/2021

Days Remaining

102

% of Min. Goal

671%

% of Max. Goal

6%

Likelihood of Max
Avg. Daily Raise

$11,189

# of Investors

99

Momentum
Location

Los Angeles, California

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

The Bad Stuff, with a pre-money valuation of $9.29 million, is raising funds on StartEngine. The company makes award-winning tequila using excellence and tradition. The tequila recipe has been perfected over 93 years in the family and is rich in flavor. Phillip Soto Mares and Darren Enenstein founded The Bad Stuff in 2015. The current crowdfunding round has a minimum raise of $9,999.50 and a maximum raise of $1,069,999.70, and the funds will be used to grow, expand, and launch new product lines. The Bad Stuff generated gross sales of $140,000 over the past twelve months and has won several awards across the country. The tequila has been featured in The Robb Report and is considered as “museum-grade.”

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$98,043

$102,423

COGS

$52,941

$53,861

Tax

$0

$0

 

 

Net Income

$-109,480

$-637,387

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$67,786

$65,226

Accounts Receivable

$38,424

$23,949

Total Assets

$5,507,369

$5,490,401

Short-Term Debt

$150,200

$43,731

Long-Term Debt

$0

$0

Total Liabilities

$150,200

$43,731

Ratings

last updated 01/17/2021

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