Tradesman Brewing
Brewery
Overview
Raised: $62,700
Total Commitments ($USD)
Platform
MainVest
Start Date
07/29/2021
Close Date
11/19/2021
Min. Goal
$50,000
Max. Goal
$249,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$560
# of Investors
92
Momentum
Funded
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Year Founded
2013
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
High
Tradesman Brewing, a brewery in North Charleston, SC, is raising crowdfunding on MainVest. The brewery opened as the first brewery for the Charleston community and has opened a new facility on King Street. It sells draft and canned beer all over the state and is a part of some of the best beer lists in South Carolina. Scott and Sara Gayle McConnell founded Tradesman Brewing in July 2013. The proceeds of the current crowdfunding campaign, with a minimum raise of $200,000 and a maximum raise of $249,000, will be used for reconsolidating debt and growth. Tradesman Brewing has a production potential of 320 barrels per month and over 4,000 monthly transactions at its tasting room.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$442,979 |
$319,143 |
|
COGS |
$9,029 |
$28,499 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-163,605 |
$-311,117 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$359 |
$12,929 |
|
Accounts Receivable |
$0 |
$1,029 |
|
Total Assets |
$1,069,764 |
$1,181,518 |
|
Short-Term Debt |
$921,205 |
$62,430 |
|
Long-Term Debt |
$1,065,302 |
$1,142,457 |
|
Total Liabilities |
$1,986,507 |
$1,204,887 |
Financials as of: 07/29/2021
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