Skeptic Distillery (1)

Skeptic Distillery (1)

Award-Winning, Fresh, Smooth, Natural Spirits. Be Curious.
Drink Skeptic.

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Security Type
Debt/Note
Categories
Other
Offering Date
October 23, 2019
Expected Close Date
January 21, 2020
Target Raise
$50.00K-$500.00K
Deal Notes

$1.00 per share

5% of revenues

2.25X payback multiple

Company Description

We make award-winning spirits, distilled at natural temperatures, with no sugar or additives for the consumer who cares about how his/her spirits are made.

Perks

$250+ for Swag bag of goodies including t-shirt, hat and some other branded items.
$500+ Swag bag of goodies plus an engraved Skeptic tasting glass.
$1,000+ Private tour and tasting for you and up to 5 of your friends, including some unreleased stuff (depending on what's available at the time).
$10,000+ We will produce a custom whiskey based on a beer style of your choice, aged according to your parameters and extremely limited edition just for you.

Key Deal Facts

Skeptic spirits capture and retain the freshness of our base ingredients by distilling at colder, more natural temperatures.
In our first competition, we won "Best In Show" for Gin, "Gin of the Year" and "Vodka of the Year." We've since won a dozen more awards.
Distilling methods haven't changed much in centuries. We fuse science with a craft ethos to deliver new sensory experiences in spirits.
A few years ago we discovered cold vacuum distilling and tried it on craft beer, leading to our Aha! moment.
We will achieve breakeven next year at approx. 250 cases/month, or about $225,000 annual sales, just from vodka and gin.
We believe that our craft beer whiskey will catapult us to profitability rapidly. Demand is at an all-time high.
Our founder has a history of success. He turned a company on the edge of bankruptcy into the industry leader with over 80% market share.
We are 100% self-funded, with no bank/investor debt. In the past 12 months, we've had revenues of $53K despite no distribution until May.
Lead Investor: Joseph Iannarelli invested $25,000

Use of Proceeds

Custom, Continuous Column, Vacuum Whiskey Still and Support Equipment (e.g. tank, pumps, piping, etc.), Raw Materials and Inventory, Operating Capital and Wefunder Intermediary Fees 

Management Team / Advisory Board Bios

Karl C Loepke
President
Helped lead EnviroTech International from the edge of bankruptcy, with $3.5MM sales & $6MM+ debt, to the #1 supplier of its products at 80% marketshare and $14MM+ sales, in <6 yrs. Crafted a gin that won Best In Show in its 1st competition.

James Semrick
National Sales Manager
Increased sales for Lost Forty Brewing in Arkansas at my former company, Premium Beverage, by over 94% YOY. Started Sureshot Beverage marketing to rep spirits in Arkansas, including the brands Infuse, Woody Creek Distillers and CORE Brewing Co.

Brittany Breaux
Graphic Designer / Marketer
10+ years of graphic design and illustration experience. Published, award-winning science illustrator. Published photographer. Former boutique winery manager. Re-imagined Skeptic branding and marketing to increase social media and brand awareness.

Deal Notes

$1.00 per share

5% of revenues

2.25X payback multiple

Amount Raised : $0
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Security Description

A note is a financial security that generally has a longer term than a bill but a shorter term than a bond.

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