The Craft of Brewing

The Craft of Brewing

The Craft of Brewing is seeking investment to grow distribution, grow e-commerce business, refinance debt and create necessary working capital.

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Security Type
Revenue Sharing
Categories
Alcohol
Min Investment
$100
Location
Ashburn, VA
Offering Date
January 04, 2021
Expected Close Date
May 01, 2021
Target Raise
$50.00K-$250.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $160. They will owe you this amount by 4/1/2027, regardless of revenue.

Company Description

The Craft of Brewing is a relatively new startup brewery that inspires creativity with recipe creation for both the brewery and the home brewer. Our tap room, education-focused brewing experience and versatility of the brewery sets us apart from all other breweries in the area.

Our mission at TCOB is to create a bridge between the novice or experienced home brewer and the professional brewery. We thrive to create and environment where home brewers or our own brewery can experiment and build the next great recipe.

Key Deal Facts

We feature 20 taps on the self-service tap wall along with 14 taps behind the bar.
Our Brew on Premise (BOP) enables home brewers to brew 20L or 50L batches onsite with the most creative freedom of any BOP in the greater DC area.
As a young brewery we have focused on brand and cultivating our flagship labels within our taproom, but are now expanding into distribution and home brewing focused e-commerce.

Use of Proceeds

  • Revolving credit / Debt: $75,000
  • Mainvest Compensation: $15,000
  • Distribution expansion: $75,000
  • E-commerce expansion: $40,000
  • Working Capital (incl COVID coverage): $45,000

Management Team / Advisory Board Bios

Douglas Travers
CEO/President
Douglas ("Travis") is the visionary behind TCOB with a passion for brewing. Having been a home brewer for a decade, he embarked on creating this business nearly 6 years ago. As a US Army veteran and former NASA contractor, he is skilled with complex equipment and manufacturing. He brings day-to-day operational experience and management to TCOB working through all aspects of production, distribution, facilities and staff management. As an owner and the operational executive/manager, he is dedicated and committed to the company with his time, skills and financial commitments.

Chitra Sivanandam
CFO/Secretary
Chitra provides the back office (finance and HR) needs for the business. In her day job, she is an executive at SAIC, a federal/defense contractor and has been working with not only federal contracting for over 20 years but has also been working with the startup community for nearly 15 years. While TCOB is still in it's early stages, Chitra provides much needed support for financial management and operational support, without additional expense and leveraging skills gained in her professional career as well as her education (MBA in Finance from The Wharton School, Univ of Pennsylvania). Similarly, as an owner she is committed to financial success and growth of TCOB.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $160. They will owe you this amount by 4/1/2027, regardless of revenue.

Amount Raised : $58,600
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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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