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Expected Close Date
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July 28, 2023
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Target Raise
-
$60.00K-$124.00K
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Security Price
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$1
- Number of Employees
- 40
- Cash
- $59,093
- Revenue
- $1,409,483
- Short Term Debt
- $251,733
- Cost of Goods
- $466,801
- Long Term Debt
- $1,245,337
- Net Income
- $-416,730
Company Description
Biggerstaff Brewing Company is a family owned brewpub located in the heart of Old Fourth Ward in Atlanta, GA. Biggerstaff brews its own selection of modern, traditional and unconventional beers onsite, and prepares all food in-house, offering approachable New American cuisine with an emphasis on locally sourced ingredients and slow-smoked food. In addition, the brewery has a coffee shop that serves Intelligentsia coffee and sells house-made pastries, bagels and cookies. The coffee program matches the brewery with offerings like Nitro Cold Brew and Kombucha on tap, brewed and kegged in-house.
Key Deal Facts
In 2022, Biggerstaff Brewing grew year-over-year revenue by 133% and gross profits by 88%., Biggerstaff Brewing was named as one of Atlanta’s Best New Restaurants in 2022, mentioned in multiple Eater Atlanta’s Hottest New Restaurants lists, and featured in the AJC, Thrillist, and more., Biggerstaff Brewing’s coffee program was featured in the Wall Street Journal.