Overview
Raised: $14,900
Total Commitments ($USD)
Platform
MainVest
Start Date
03/30/2020
Close Date
07/01/2020
Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.00X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/04/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$162
# of Investors
44
Momentum
Funded
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Year Founded
2016
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Wanderlinger Brewing Company, a brewery in Chattanooga, TN, is raising funds on MainVest. It is a locally owned and operated brewery that features a taproom with local art, live music, and beer. Wanderlinger Brewing Company serves a variety of beers, including Wanderlinger Lager, Irish Hello, Blackbeary Hug Sour, and Appalachian Altbier. Wanderlinger Brewing Company was founded by Chris Dial and Mike Dial in 2016. The proceeds of the current round of crowdfunding, with a minimum target of $10,000 and a maximum target of $50,000, will be used towards COVID-19 business interruption support to keep the brewery afloat. Wanderlinger Brewing Company has a loyal customer base in the Chattanooga area and brings great beer, music, and art to the community.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$95,113 |
$416,350 |
|
COGS |
$32,210 |
$129,937 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-199,627 |
$-163,686 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$12,599 |
$36,957 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$322,524 |
$306,547 |
|
Short-Term Debt |
$8,302 |
$18,026 |
|
Long-Term Debt |
$261,783 |
$267,940 |
|
Total Liabilities |
$270,085 |
$285,966 |
Financials as of: 03/30/2020
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