Ron Artesano

Ron Artesano

Premium rum brand handmade in the mountains of Puerto Rico

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Security Type
Convertible Note
Categories
Retail, Alcohol, Financial Services, Community & Lifestyle
Min Investment
$250
Location
SAN JUAN, PR
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$350.00K
No. Investors
111
Security Price
$1
Website
ronartesano.com
Number of Employees
3
Cash
$20,404
Revenue
$49,301
Short Term Debt
$4,819
Cost of Goods
$27,189
Long Term Debt
$0
Net Income
$-93,796

Key Deal Facts

Our rum is created by one of the top experts in the global rum industry, Javier Herrera from Spain.
Artesano Añejo's first two (2) batches completely sold out, validating market acceptance.
Lean business model should allow profits from year #2 (not guaranteed).
Artesano is created in Puerto Rico, the Rum Capital of the World.
A federal law called "Rum Cover Over" returns part of the tax paid to sell in the USA to rum makers
Intended international distribution: Caribbean & USA started by Q2 2023, Europe by Q4 2023.
Special engraved tin labels make for a superior package experience

Management Team / Advisory Board Bios

Javier Herrera Rum MaestroOne of the most influential experts in the international rum business.
Developer for new rum brands and distilleries.
Director for the most prestigious rum festival in Europe, “Congreso Internacional del Ron” in Madrid, Spain & Miami, USA., Jose J. Muñoz Gonzalez Founder & CEOProfessional experience of 23+ years includes: Graphic Design, Advertising Creative Direction, Brand Marketing Management for Malta India, Medalla Light & Bacardi. Great problem solving skills and great use of creativity to identify opportunities., Luis J Cruz-rivera Chief Operations Officer - DistilleryU.S. Army veteran. Serial entrepreneur. Obtained his BS in Electrical Engineering from Prairie View A&M University and graduate work from Stanford University and GA Tech. Supporter of venture capital and hi-tech venture development organizations.
Amount Raised : $123,243
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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