Camp Delaware Brewing Company

Camp Delaware Brewing Company

Brews and Hard Seltzers

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Security Type
Secured Loan
Categories
Food & Bev
Min Investment
$100
Location
Delaware, OH
Offering Date
November 12, 2020
Expected Close Date
January 12, 2021
Target Raise
$30.00K-$180.00K
Deal Notes

Interest Rate: 10.25% annually

Payments: Monthly, disbursed to investors quarterly 

Maturity: 6 months interest only + 54 months fully amortizing

Personal Guaranty: Todd Tucky

Security Interest: Blanket lien on assets of company 

Company Description

Camp Delaware Brewing Company (CDBC) is a brewery in planning, set to open summer of 2021 in Delaware, Ohio. We will be brewing and serving premium craft beer at a reasonable price. We will also be brewing and sell hard seltzers, which is the beverage that is the top growing sector in liquor sales. We are a 'Best of Beverage' experience for anyone who visits. We will have the best beer, hard seltzer, local wine, iced tea, lemonade, soda, kombucha, coffee and iced coffee. Every guest will have a quality beverage of their choice.

Camp Delaware is also very unique in having an event space (and entire 2nd floor with over 4000 sq. ft. of space) unlike any other establishment in Downtown Delaware. The event space will be able to handle groups of up to 99 people and will be able to host receptions, alumni events, conferences, meetings, board game night, trivia night, clubs, live music, live comedy and other clubs and events such as electronic sports competitions.

We are also using 100% malted barley for our beers––the only brewery in the state to do so. This will not only help Ohio agriculture but also is part of our sustainability program. Spent grains will go back to the farms for a variety of applications.

We will also be located adjacent to the new 150 room hotel that is being built in Delaware. They are so close to each other that they share a parking lot. CDBC will be the event space for the new hotel and a very place to hold wedding receptions where the people literally just have to walk across the street from their hotel room to the reception space.

We are also one of the few establishments (and the only brewery) that will have dedicated parking. Plus, we have access to ample parking which is a highly sought out commodity in Delaware.

Camp Delaware has a preferential hiring policy for Military Service Members and their family as a well to help support the special needs of the military community.

We are also the only brewery, or any business in the hospitality sector, that has Delaware in its name. Camp Delaware is a proud nod to the historic Camp Delaware which was a camp that was used to muster troops for the Civil War from 1862 to 1864.

Key Deal Facts

We are the only brewery in Ohio that will be utilizing all Ohio barley in its recipes.
We have the only event space able to hold a group of up to 99 people within a 9 mile radius of downtown.
Camp Delaware, the camp that was used during the Civil War, was one of the 1st camps to have training for both African-American troops. In fact, of the 16 Congressional African-American Medal of Honor winners from the Civil War, 4 of them (1/4) came from Camp Delaware. I also have a relative who died while stationed at Camp Delaware.
We are also the only brewery that I am aware of that is owned by an ordained Catholic Deacon. Camp Delaware will ultimately allow me to do more Deaconal ministry.

Use of Proceeds

  • Startup costs + equipment

Management Team / Advisory Board Bios

Todd Tucky
I currently am the Owner/Senior Consultant for my small business company Heartland GIS. Heartland GIS has been in operation for the past 11 years here in Delaware, OH. I work in the agriculture, local/state/government and commercial sectors as part of my clients with Heartland GIS.
I have been married for 28 years and the father of 3 children (and now 1 granddaughter). I am an ordained Catholic Deacon and am assigned to St. Mary Church, Delaware, OH. I run a military service member and family support ministry and serve on the Board for the Veterans Interfaith Bridge. I have a deep connection to Ohio history/prehistory, agriculture and military communities.

Deal Notes

Interest Rate: 10.25% annually

Payments: Monthly, disbursed to investors quarterly 

Maturity: 6 months interest only + 54 months fully amortizing

Personal Guaranty: Todd Tucky

Security Interest: Blanket lien on assets of company 

Amount Raised : $0
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Security Description

Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.

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