GroundLion Brewing Company

GroundLion Brewing Company

Craft Brewery

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
Seagrove, NC
Offering Date
September 24, 2020
Expected Close Date
December 02, 2020
Target Raise
$150.00K-$175.00K
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

The GroundLion Brewing Co. LLC. (GroundLion) mission is to establish the first local brewery in Seagrove, NC providing members of the community and visitors with a place to come together and enjoy a variety of locally crafted beers with the goal of expanding their knowledge of beer. This includes the history of beer, its vast variety of styles and tastes while enriching their pallet through food and beer pairing suggestions, giving them stimulating combinations by brewing and serving a creative variety of high quality, unique, rye focused, carefully crafted beer.

Use of Proceeds

  • Space build-out: $120,000
  • Equipment: $35,000
  • Operating capital: $9,500
  • Mainvest Compensation: $10,500

Management Team / Advisory Board Bios

Samuel Brown III
Father
Mr. Brown III has been in the business industry as a project manager and project management instructor for the past 13 years, and before that as an independent consultant for the 10 years. He brings his experience, years of education, skills and abilities.

Samuel Brown IV
Son
Mr. Brown IV has a passion for brewing craft beer that has led him to change careers completely and focus on what he loves to do. His passion, over 12 years’ experience brewing beer combined with his creativity to add ingredients not readily found in beer gives an ideal situation for success and great tasting beer.

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 : $4,300
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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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