The Wine Collective

The Wine Collective

full urban winery and custom winemaking facility that includes a tasting room and tapas bar

full urban winery and custom winemaking facility that includes a tasting room and tapas bar

Overview

Raised to Date: Raised: $19,525

Total Commitments ($USD)

Platform

Honeycomb

Start Date

03/02/2020

Close Date

05/25/2020

Min. Goal
$50,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

05/30/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$235

# of Investors

34

Momentum
Not Funded
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Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Chestertown, Maryland

Business Type

Life Style

The Wine Collective, an urban winery and winemaking facility, is raising funds on Honeycomb Credit. The winery makes small lots of premium wines with top quality, and also includes a tasting room and tapas bar. The raw material for The Wine Collective wines is sourced from local farmers and used to make world-class wines through barrel fermentations. The winery was founded by John Levenberg and Enrique Pallares in March 2019. The current round of crowdfunding has a minimum goal of $50,000 and a maximum goal of $107,000, and the funds will be used to increase the production, solidify the brand, and finish the tasting room and bar. The Wine Collective not only makes its own wines but has also partnered with five member wineries and six vineyards as a part of the collective. The winery currently has the capacity to produce 7,000 cases of wine per year and aims to expand to 12,000 cases of wine per year.

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: 03/02/2020
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The Wine Collective on Honeycomb
Platform: Honeycomb
Security Type: Debt

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