Steady Habit Brewing Company

Steady Habit Brewing Company

We're moving on up! So "hop in" and we can take this ride together!

Print
View on Wefunder
Security Type
Revenue Sharing
Categories
Other
Min Investment
$100
Offering Date
June 20, 2020
Expected Close Date
September 18, 2020
Target Raise
$50.00K-$350.00K
Deal Notes

10% of revenues

2.25X payback multiple Secured by assets of Steady Habit Brewing Company.

Company Description

We are a manufacturer & distributor of top quality, hand crafted beer. We also operate a tap room that can accommodate over 200 guests.

Perks

$100+ for Investor's will be named in a dedicated space in the brewery and get an invite to a Friends and Family celebration.
$250+ The above plus - SHBC limited-edition t-shirt and sticker (to be picked up at the brewery)
$500+ Everything above plus - One-year Mug Club Membership (which includes 23 oz mug, regular discounts in tap room, exclusive tastings, early access to new releases and 2 member only events per year)
$1,000+ Everything above plus - Lifetime Mug Club membership with a special edition mug + VIP card for 10% off tap room for 1 year.
$2,500+ Everything above with the VIP card for 25% off tap room for 1 year.
$5,000+ Everything above with a Life Time 10% OFF VIP CARD plus - An Exclusive private party for up to 50 people.

Key Deal Facts

We are a highly rated, established brand with "steady" growth since 2014.
Upgrading from a 2.5 barrel brew house to a new 15 barrel brew house which will increase our production by over 500%
New location is highly visible and centrally located in the ever growing Connecticut craft beer scene.

Use of Proceeds

If $50,000 is raised:

52.5%: Reimburse expenses for new brewery locations—coolers, bars, tables. 20%: Brewery and Taproom inventory 15%: Working capital 7.5%: Wefunder fee 5%: Marketing

If $350,000 is raised:

35%: Payoff investor and equipment loans 22.5%: Reimburse expenses for new brewery locations—coolers, bars, tables. 15%:  Brewery & Taproom inventory 15%: Working capital 7.5%: Wefunder fee 5%: Marketing

Management Team / Advisory Board Bios

Jim Venditti
President - Director of Operations
Jim took Steady Habit Brewing Company from $68,000 in revenues in 2016 to over $500,000 in 2018 with projected revenues to exceed the $1,000,000 mark within the next 3 years.

Amy Venditti
Vice President - Director of Sales and Marketing

Scott Cross
Head Brewer - Director of Brewery Operations
Scott started off as homebrewer many years ago and was able turned his hobby into a career. Producing some great New England IPAs, Stouts and Kolsch Style beers. Prior to joining SHBC Scott was working as a Head Brewer for another CT brewery.

Deal Notes

10% of revenues

2.25X payback multiple Secured by assets of Steady Habit Brewing Company.

Amount Raised : $14,960
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

Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment