1933 Distillery

1933 Distillery

Distillery and Tasting Bar

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
New Orleans, LA
Offering Date
November 12, 2020
Expected Close Date
January 27, 2021
Target Raise
$100.00K-$250.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $170. They will owe you this amount by 1/1/2028, regardless of revenue.

Company Description

MMGT Inc. (dba 1933 Distillery) is a distillery located in New Orleans at 3715 Tchoupitoulas St. Producing our own products as well private fulfillment for our customers has given us a tremendous advantage financially and with quality controls. We presently are producing vodka, rum, dark rum, gin, whiskey and hand sanitizer under various brand names we have created.

Use of Proceeds

  • Production Equipment: $100,000
  • Inventory: $75,000
  • Bottling Supplies: $50,000
  • Working Capital: $25,000

Management Team / Advisory Board Bios

Gerald Christian
Owner
Mr. Christian has over 34 years starting, developing and operating numerous multi-million corporations. He devotes 100% of his time to this venture. Gerald was a finalist in the 2007 Entrepreneur of the Year by the Entrepreneur Magazine and one of his companies was voted as one of the fastest growing companies in the US that year as well.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $170. They will owe you this amount by 1/1/2028, regardless of revenue.

Amount Raised : $100
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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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