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Security Type
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Common Stock
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Categories
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Alcohol
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Min Investment
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$250
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Offering Date
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December 16, 2020
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Expected Close Date
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March 16, 2021
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Target Raise
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$50.04K-$249.98K
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Deal Notes
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Price per Share: $50.00
Company Description
We produce super-premium whiskies and gins, all with gold-, silver- and other awards. All are sipping spirits, perfect neat or over ice - not requiring a mixer. We are expanding wholesale accounts, online sales and export opportunities in 7 countries. We are the only craft distillery to also operate a US-based free-trade zone to benefit from both US and Canadian spirits regulations. We are also the only craft distillery with UK permits to import, blend and bottle our own Scotch releases.
In 5 years, we hope to reach 50,000 cases of production, and plan for acquisition by a major spirits firm to allow an early exit for investors at an expected 10x return. Industry averages for acquisition of craft spirits firms show an 8.7x multiple of final year revenue. Our Year Five estimate for gross revenue is $15 million, and so we anticipate to sell at or about $90 million. We are influenced by venture cap experts and plan for a single raise with no dilution of investor shares. These projections cannot be guaranteed.
Perks
Invest $1,000+ for 1 bottle of your choice of whiskies or gins, plus 2 shot glasses so you never drink alone!
$5,000+ 1 case (6 bottles) of your choice of whiskies or gins, plus 2 shot glasses so you never drink alone!
$32,500+ 1 case (6 bottles) of your choice of whiskies or gins, plus 2 shot glasses and 1 bottle of each of our new spirits released after your invest, until time of exit.
$50,000+ 1 case (6 bottles) of your choice of whiskies or gins, plus 2 shot glasses and 1 case of each of our new spirits released after you invest, until time of exit.
Invest $1,000+ for 1 bottle of your choice of whiskies or gins, plus 2 shot glasses so you never drink alone!
$5,000+ 1 case (6 bottles) of your choice of whiskies or gins, plus 2 shot glasses so you never drink alone!
$32,500+ 1 case (6 bottles) of your choice of whiskies or gins, plus 2 shot glasses and 1 bottle of each of our new spirits released after your invest, until time of exit.
$50,000+ 1 case (6 bottles) of your choice of whiskies or gins, plus 2 shot glasses and 1 case of each of our new spirits released after you invest, until time of exit.
Key Deal Facts
Our Galloping Goose Canadian whisky is a popular 4x gold-medal award winner
Our sales are increasing month on month, and year-on-year growth is over 200%
We have raised $747,000 with 19 accredited and sophisticated investors under SEC's Reg D 506(b)
Our gold-medal Summer Gin No. 5 rates higher than national brands from Chicago, Virginia and the UK
Our gins are listed for export in the UK, Canada, South Africa & 4 Asian countries by USDA & others
Our strong team includes top level bankers, advisers and industry experts, both in the US and abroad
Use of Proceeds
$50,040
- 65% to production supplies, ingredients, bottling, labels
- 20% to marketing
- 7.5% to 1 new-hire
- 7.5% to WeFunder Fees
$249,980
- 55% to production, supplies, bottling, labels
- 30% to marketing
- 7.5% to 1 new-hire
- 7.5% to WeFunder Fees
Management Team / Advisory Board Bios
Ernest Troth
President
Extensive international background in product development, export sales, with significant skin-in-the-game. Successful serial entrepreneur.
Leigh Troth
VIce President
Successful entrepreneur, engineer, software program manager. Expert at keeping all the state and federal spirits records in order for the Tax and Trade Bureau!