Wandering Spirits

Emily is expanding Wandering Spirits to two additional locations by the end of 2023!

Print
Claim My Business
Categories
Retail Shop
Location
LAUGHLINTOWN, PA
Expected Close Date
June 02, 2023
Target Raise
$25.00K-$50.00K
Security Price
$1
Number of Employees
6
Cash
$30,210
Revenue
$217,924
Short Term Debt
$5,414
Cost of Goods
$2,812
Long Term Debt
$0
Net Income
$15,392

Company Description

Wandering Spirits is the first independent, legal wine & spirits shop in Pennsylvania since Prohibition. The business sells Pennsylvania-made wine and spirits at its retail store in Ligonier, PA, as well as through wholesale to licensed establishments, and through special events and partnerships. Wandering Spirits has partnered with more than 20 independent wineries, distilleries, cideries and counting. When you dine in Western PA, visit a brewery or shop at a farmers market, chances are, you’ll come across a brand in our portfolio.

Key Deal Facts

Wandering Spirits had a profitable 2022, with plans to grow revenue through two additional retail stores in 2023, Wandering Spirits has partnered with a major grocery chain which will drive a meaningful increase in retail volume in 2023, Emily Honhart is the founder and owner, making Wandering Spirits the first independent, woman-owned wine and spirit shop in the state of Pennsylvania
Amount Raised : $12,250
Reveal the Score by Voting
_
Not enough ratings to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter

0 Comments