Eight Bridges Brewing, Inc.

Eight Bridges Brewing, Inc.

No Compromise – Just Really Good Beer

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Security Type
Non-Voting Equity
Categories
Other
Min Investment
$298
Location
Livermore, CA
Offering Date
December 02, 2019
Expected Close Date
March 04, 2020
Target Raise
$10.00K-$106.99K
Deal Notes

Security Name: Non-Voting Common Stock

$2.55 per share

Valuation
$3,005,226

Company Description

Eight Bridges Brewing is a family-owned, self-distributing production brewery and tasting room focused on delivering a great craft beer experience. Our beers cover all styles from hoppy ales to malty lagers and are designed to offer great flavor to traditional beer drinkers as well as the emerging market for healthier beer, with no distinguishable differences in flavor and other attributes of really good beer of the same style.

Perks

Minimum Tier - Free birthday beer at the taproom
$1,200 - 5% investor discount at the brewery
$3,600 - 10% investor discount at the brewery
$6,000 - 15% discount at brewery and invitation to an annual celebration
$8,400 - 15% discount at the brewery - Invitation to an annual celebration
$12,000 - 15% discount at the brewery, Tour and tasting for 10 at the brewery, Invitation to an annual celebration and one-year membership to can club
$24,000 - 15% discount at the brewery, Tour and tasting for 20 at the brewery, Invitation to an annual celebration, one-year membership to can club
$48,000 - 15% discount at the brewery, 4-hour private party including a tour for up to 40 people, Brewers Shirt with you name embroidered for the investor at this level, Invitation to the annual celebration, one-year membership to can club, Tacker sign, One-year membership to can club
*All perks occur after the offering is completed

Key Deal Facts

The craft beer market is maturing quickly offering a greater growth opportunity to competitors who have shown they know how to constantly innovate.
The ability to adapt strategy instead of continuing to do the same thing everyone is doing offers an opportunity for competitors to carve out sustained market share growth.
Craft beer remains a growing market that includes new segments of craft beer drinkers interested in a great craft beer experience

Use of Proceeds

Operations, Working Capital, StartEngine Platform Fees

Management Team / Advisory Board Bios

George Beardsley
CEO/President/Director/Sales/Distribution
George has more than 30 years business experience in business start-up, turn-around and growth management environments. His experience with home brewing has established a strong knowledge of beer design, manufacturing, and process control. The last 20 years has been spent helping small business owners and their teams grow their businesses. He has broad operational experience in industries ranging from heavy and light manufacturing, retail, consumer, and service. He has been an operational manager in all key business functions and has extensive current experience in the development and implementation of game changing business strategies and the use of Lean concepts to build and sustain highly profitable small business teams. He has had profit and lost responsibilities in small businesses in C-level positions and has strong financial planning, management and control skills, market development, sales management, and project planning/management experience critical to the entrepreneurial start-up environment. He has a BS in Mechanical Engineering and a Masters in Business Administration.

Deborah Beardsley
CFO/Market Development and Event Management
Deborah has over 20 years of business experience in a variety of roles. She is responsible for the design and implementation of the market development strategy that will include an integration of events, social media, and public relations. She brings a breadth of entrepreneurial experience that includes 10 years of Bookkeeping and Financial planning experience, 6 years of Travel Planning in both Domestic and International markets, 6 years planning all aspects of Corporate Trade Shows and Events plus Domestic and International logistics. She has developed and maintains a blog site, www.europeantravelista.com, focusing on European Travel. The site has been active since January 2011 and, in that time, has had over 11,000 monthly visitors, 1,867 twitter followers and in August 2012 was invited to be part of a study trip with Historic Highlights of Germany. She has a BS in Business Administration with a financial planning emphasis and an AA in travel marketing. She is a serial entrepreneur. Her main job is Installation planning at Pickpoint but she works with Eight Bridges 20 hours a week.

Justin Beardsley
Brewmaster/Brewery Operations, Director
Justin has more than 12 years’ experience designing and brewing award winning beer using an all grain three-vessel brewing system that he designed and built. His education includes the biochemistry and physiology involved in the cooking, fermentation, and post-fermentation processes of beer production. His education includes experience with lab process control and lab skills, including exposure to six-sigma methods. His beer recipe design skills, 5+ years of beer production experience, and his education has resulted in a proven ability to delivery consistent batch-to-batch quality and innovation expected by the craft drinker today and in the future as changing tastes demand innovation. His experience with the application of technology to achieve automation and accurate tracking of production processes enables the ability to operationally manage the brewery, brewery production planning, and inventory management processes critical to consistently deliver fresh beer. Over the recent 3 years he has designed 3 award winning beers and has demonstrated an ability to design and brew a broad range of beer styles from light colored pilsners to very dark and ”big” Russian Imperial Stouts. After studying Mechanical Engineering for 3 years at California Polytechnic, he transferred to a pre-med focus and completed a degree in Zoology. The Zoology degree provides the knowledge of biochemistry involved in brewing beer including the knowledge of the roll of yeast in beer making and how to innovate using temperature and process to achieve more extensive yeast contribution to the uniqueness of beer.

Caitlyn Beardsley
Corporate Secretary
Caitlyn has spent the last 3 years working in the Starbucks retail system, beginning at the entry-level and rising to shift manager. During that time her work ethic, commitment to customer service and ability to learn quickly enabled the quick rise through the Starbucks system. She has been trained by one of the top customer service organizations to lead teams that consistently achieve business goals while creating a fun work environment and delivering consistently high levels of customer service that are the hallmark of Starbuck's customer retention reputation. During this time she developed staffing and shift planning and management skills that will be critical to tasting room operations. Her experience in the women’s retail industry has provided her with the practical knowledge needed to design and organize the merchandising of tasting room beer related products offered for sale within the tasting room. She has a Bachelor of Science Psychology, Applied Social Psychology Concentration from California Polytechnic State University, San Luis Obispo, CA. She was responsible for establishing the feel and culture of the taproom as it is today. Although she is not actively involved with the business today, she remains an advisory to the team today.

Jon Zimmerman
Director
I started my career working at Rockwell International, Defense Electronics in Anaheim, CA. I worked there for 13 years in the Facilities Group as an Architect mostly working on manufacturing, laboratory and process areas. The last three years at Rockwell I was selected by the Corporate VP of Operations to solve manufacturing issues throughout the US which were preventing the successful completion of programs. While at Rockwell I developed a profound appreciation of process oriented areas and have continued to develop and expand my knowledge and experience with these types of facilities. I have complimented my career by successfully completing multiple complex, time constrained and difficult projects by resolving the project into understandable and achievable parts. These difficult projects have included food processing, cleanrooms, explosive and hazardous areas, manufacturing, plating facilities, acoustical enclosures, SCIF’s, TEMPEST and DoD secure facilities, etc. Nationally accredited architect, with licenses in California, Arizona, Florida, Alabama, North Carolina, New Jersey, West Virginia, and Pennsylvania. Specialties: Background encompasses over 27 years of diverse experience including master planning, architecture, technology design, and interior architecture and design for aerospace, manufacturing, industrial, distribution, office, telecommunications, pharmaceuticals, electronics, food processing facilities and more. His primary job is Architect at Cushman Wakefield and only works at Eight Bridges when his opinion is needed.

Deal Notes

Security Name: Non-Voting Common Stock

$2.55 per share

Amount Raised : $102,678
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