Velum Fermentation

Jenna and Nathan are opening their Pittsburgh brewery!

Print
Claim My Business
Categories
Food & Bev
Location
PITTSBURGH, PA
Expected Close Date
July 26, 2023
Target Raise
$15.00K-$21.65K
No. Investors
4
Security Price
$4
Number of Employees
2
Cash
$21,313
Revenue
$0
Short Term Debt
$59,462
Cost of Goods
$0
Long Term Debt
$1,411,213
Net Income
$-540,360

Company Description

Velum Fermentation is a craft brewery in the Southside Flats neighborhood in Pittsburgh, PA bringing new life to the ground floor of the old Duquesne Brewing Co bottling facility. Velum encompasses 35,000 sqft of open industrial building space and resides beneath Ascend Pittsburgh, a local well-established climbing gym. Off the main strip of Southside, Carson Street, Velum promises a great community-driven and family friendly place for all to enjoy. They will serve an array of premium craft beers, from traditional lagers and IPAs, barrel-aged and wild sours, and seasonal pours. Velum will not only rely on taproom and to-go sales, but will utilize wholesale and contract brewing as added revenue streams.
Amount Raised : $21,650
Reveal the Score by Voting
_
Additional ratings from other users are needed 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