Ferndale Project

Ferndale Project

Brewery

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
Ferndale, MI
Offering Date
October 31, 2020
Expected Close Date
December 31, 2020
Target Raise
$50.00K-$250.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $150. They will owe you this amount by 1/1/2026, regardless of revenue.

Key Deal Facts

On pace to exceed 2020 revenue projections of $2M despite COVID-19
Tripled team providing our community with employment opportunities
Launched largest direct to consumer beer delivery service in Michigan

Use of Proceeds

  • Capital Investments: $47,000
  • Pandemic Reserve Fund: $100,000
  • Working Capital: $88,000
  • Mainvest Compensation: $15,000

Management Team / Advisory Board Bios

Dayne
Managing Partner


Jasmine
Community & Culture Manager


Shalyn
Operations Director


Mike
Head Brewer


Shamus
Revenue Director


Emma
General Manager


Danny
Creative Director


Jesse
Finance Director

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $150. They will owe you this amount by 1/1/2026, regardless of revenue.

Amount Raised : $250,000
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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Business Traction
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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
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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.

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