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Security Type
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Common Stock
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Categories
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Alcohol
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Min Investment
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$250
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Location
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Santa Barbara, CA
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Offering Date
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May 22, 2023
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Expected Close Date
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August 21, 2023
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Target Raise
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$15.00K-$1.23M
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No. Investors
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20
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Security Price
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$1.38
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Valuation
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$3,500,000
- Number of Employees
- 1
- Cash
- $921
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-12,821
Company Description
Montecito Spirits Co. is a California distillery located in the heart of Santa Barbara. The company plans to produce a range of Coastal Brandy, engage in contract production of award-winning spirits, and operate a consumer tasting room within walking distance of the finest beaches and hotels in the country.
Management Team / Advisory Board Bios
, Kurt CharronCEO/FounderEighteen years in the beverage industry, as well as, 6 years in hospitality. Kurt is a graduate of USC, The Ethanol Technology Institute in Montreal, QC and the Kothe Distillation Program. He honed his love and craft for brandy while studying under Hubert Germain-Robin in Cognac, France.
Kurt is not only the Founder & CEO of Montecito Spirits Company, but the brainchild and distiller behind Chareau. Chareau was one of the first aloe liqueurs to ever hit the market, garnering a score of 96 from Wine Enthusiast Magazine as one of the Top 100 Spirits in the World. Over 250,000 bottles have been sold to date with an estimated $11mm in retail sales. The pioneering product was started in his home kitchen before growing into the award-winning national brand that it is today.
Kurt currently splits his time as CEO of both Chareau and Montecito Spirits. He plans to continue doing this until the company begins operations at its distillery in which he will have additional day-to-day management help of Montecito Spirits. Please review the Directors & Officers section and Risk Factors section for further information.