Old Majestic Brewing Co.

Old Majestic Brewing Co.

Brewery

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Security Type
Revenue Sharing
Categories
Alcohol
Min Investment
$100
Location
Mobile, AL
Offering Date
December 28, 2020
Expected Close Date
March 03, 2021
Target Raise
$50.00K-$150.00K
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 1/1/2027, regardless of revenue.

Company Description

Old Majestic Brewing Company was formed to bring about more than a beer-drinking opportunity but a beer-drinking experience. Our brews are crafted with select hops and taste patterns to encourage our consumers to enjoy the finer quality beers offered. Anyone can drink a beer, but we wanted to educate our consumers to learn more about beer and how to enjoy it. We believe Mobile beer drinkers deserve to know what makes a great beer, so we created a beer drinking experience at Old Majestic Brewing. The name “Old Majestic” stems from the mighty, majestic oak tree, which is the National Tree of the United States of America and a tree that endured and embodies the rich history of our hometown, Mobile, Alabama. The mighty oak is a symbol of strength, morale, resistance and knowledge. It represents wisdom personified by its towering authority, slow growth and noble presence. As the majestic oak is known to live for more than 300 years, it is a powerful life-affirming symbol. Just like the mighty oak, Old Majestic Brewing Company seeks for its beers to occupy a noble presence and provide its customers with the best quality hand-crafted beer around.

Use of Proceeds

  • Purchase Equipment for Canning: $100,000
  • Operating Capital: $41,000
  • Mainvest Compensation: $9,000

Management Team / Advisory Board Bios

John Minton
Head Brewer / Co-Owner
John brings his engineering know-how and systems integration experience into the realm of brewing. John has worked as an engineer at Airbus, IBM, Boeing, and Lockheed-Martin among others and has worked on projects such as the International Space Station, F-35 Fighter Aircraft, commercial aircraft interior design; Chinook Helicopter advanced engine design as well as many others. John fell in love with good beer when he first participated in the 1st International Music Festival in the early ’70s after wandering into a local pub in Frankfurt, Germany. He has never looked back, continually refining his home brew recipes to now offering the same handcrafted quality to a large-scale production brew house, Old Majestic Brewing Company.

Chad Marchand
Co-Owner
Chad was born and raised in a military family. Throughout his childhood, his family moved to different parts of the globe, living in Japan,as well as Hawaii, California, and Alabama, among other states. His opportunity to experience other cultures and their differing foods shaped his pallet to enjoy diverse flavors. Something that can be readily found in the beer brewed at Old Majestic. These life experiences not only bring a great opinion of good beer, but an apparent culture found in the Old Majestic taproom. As a practicing lawyer, since 2000, his love for beer has well exceeded his skill of litigation. The dream of opening this brew house coupled with his global experience has been combined to bring everyone to what is now Old Majestic Brewing Company.

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 1/1/2027, regardless of revenue.

Amount Raised : $13,700
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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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