The Rickhouse Hotel + Distillery
Hotel
Overview
Raised: $190,100
Total Commitments ($USD)
Platform
MainVest
Start Date
06/18/2020
Close Date
12/18/2020
Min. Goal
$100,000
Max. Goal
$1,000,000
Min. Investment
$500
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
2.20X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,045
# of Investors
116
Momentum
Funded
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Year Founded
2019
Industry
Travel and Hospitality
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
The Rickhouse Hotel + Distillery, an upcoming hotel in Versailles, KY, is raising funds on MainVest. It will be a horse racing-themed hotel on the Kentucky Bourbon Trail, with an on-site micro-distillery and restaurant. The hotel will be built on a 36,000 square foot facility and will feature 44 rooms. The rooms will be individually-designed by local entrepreneurs with deep knowledge of the horse industry. The Rickhouse Hotel + Distillery was founded by Jarod Williams, Emily Lynn, Alex Riddle, and Emily Riddle in 2019. The proceeds of the current round of crowdfunding, with a minimum raise of $100,000 and a maximum raise of $1,000,000, will be used to purchase and renovate the hotel. The Rickhouse Hotel + Distillery is set at a prime location and will offer the ultimate Kentucky vacation experience to the clients.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/18/2020
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