Red Eye Louie's CF2

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Amount Raised: $7,931
Security Type
Common Stock
Min Investment
$250
Location
Birmingham, AL
Offering Date
January 13, 2023
Expected Close Date
April 13, 2023
Target Raise
$10.00K-$1.24M
No. Investors
12
Security Price
$1
Valuation
$15,255,758
Number of Employees
5
Cash
$274,015
Revenue
$1,531,344
Short Term Debt
$66,800
Cost of Goods
$969,073
Long Term Debt
$522,588
Net Income
$72,363

Company Description

Red Eye Louie’s is a Birmingham-based craft beverage brand producing award-winning artisan spirit blends. The company’s products are currently sold in over 7,500 retail outlets and will soon be available in 48 U.S. states, as well as select international markets.

Key Deal Facts

Red Eye Louie’s creates widely-loved and critically-acclaimed spirit blends that push the boundaries of traditional craft. Our products have been recognized with 22 awards in the wine and spirits industry, including the Wine and Spirits Wholesaler Association Gold Medal, and a Double Gold Medal from the China Wine and Spirits Awards.

Over the last few years tequila has seen more growth than any other category in an already robust industry. As of 2022, revenue for the overall beverage and spirits sector in the U.S. is estimated to be worth $79B and the global market is set to reach $2.3T by 2027.*

Red Eye Louie’s began as a small family company, but has quickly grown to become an award-winning, nationally-distributed and internationally-recognized brand. Today, the company’s founder has assembled a team of passionate and dedicated brand ambassadors who truly believe in the products, and are committed to seeing a bottle of Red Eye Louie’s on every spirits shelf.

Management Team / Advisory Board Bios

Chander AroraFounder / CEOAn international expert in the spirits industry for 20+ years and is the founder of the Red Eye Louie's Inc. Chander started the company in 2011 by helping his daughter, Nina Arora, with her college project by creating the company's first product Vodquila (a blend of Vodka and Tequila.) Chander turned his daughter's college assignment into an international spirits business. With his knowledge of chemistry, he is able to create all the formulas and recipes for each blend. Chander's achievements will be an asset to the company's future.
Nina AroraCo-Founder / Innovation and New Product DevelopmentNina Arora has multiple years of experience working in the CPG industry. She received her B.S. degree from Birmingham Southern College (BSC) in 2012 after co-founding Red Eye Louie's Inc., (formerly Vodquila LLC) in 2011. Nina was instrumental in the concept, development and expansion of the brand into domestic and global markets. After graduating from BSC she decided to pursue her post-grad education in fashion design from Savannah College of Arts and Design (SCAD) from where her career lead her to working for companies overseas and currently New York where she is managing New Product Launches for Estee Lauder Companies. Nina is close to the brand and continues to Develop and Innovate for Red Eye Louie's. 
Vikram (Romie) AroraCo-Founder / Legal and Corporate AffairsRomie graduated from Emory University's Goizueta School of Business in 2014. He has worked for Red Eye Louie's Inc. throughout college. After graduation, Romie moved to New York City and joined a Hedge Fund as Equity Trader at Sassicaia Capital Advisors. Romie works for the company on an as needed basis part-time. 

Mandy ElsworthAdministrative ManagerMandy has been with Red Eye Louie's since June 2020, overseeing all the administrative functions in the office as Administrative Manager. She directly handles all financial matters such as accounts payable, purchasing, and banking. She comes with an extensive background of 15 years of accounting and administrative experience though different areas of buisnesses. Mandy plays a significant role in the growth and consistency of the company.
Ryan MiesukGraphic Designer / Creative Team LeadRyan has been with Red Eye Louie's since July 2022. He has been a creative content producer for just over a decade. Graduated from Flashpoint College of Film & Media in Chicago with an Associates in Film/Broadcast. He has worked on numerous independent creative projects over the years. Hoping to elevate the Red Eye Louie's brand with a fresh eye and a burgeoning creative output.
Josie GreenAdministrative Assistant / Creative Team LeadJosie has been with Red Eye Louie's sine June 2022. She assists in all the day-to-day functions behind the scenes. After work, Josie attends college at the University of Alabama at Birmingham pursuing a degree in digital marketing. She helps bring fresh ideas and insights with a creative edge to the team.,

Security Description

Common stock is a security that represents ownership in a corporation.

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