Hammered Dwarf Cider

Hammered Dwarf Cider

Cidery/Taproom

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Security Type
Revenue Sharing
Categories
Alcohol
Min Investment
$100
Location
Snohomish, WA
Offering Date
January 08, 2021
Expected Close Date
March 24, 2021
Target Raise
$20.00K-$90.00K
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 10/1/2027, regardless of revenue.

Company Description

Hammered Dwarf Cider is seeking investment to acquire an existing brewery and convert it into a cidery.  A Dwarf fantasy-themed taproom with cider garden selling unique craft cider to our local market in traditional and unusual ways.

Use of Proceeds

  • Acquisition of location's assets: $25,000
  • Mainvest Compensation: $5,400
  • Juice deposit: $20,000
  • Operating capital: $36,000
  • Remodel: $3,600

Management Team / Advisory Board Bios

John Flemming
Cidermaster
John has professionally produced cider for 3 years; 6 months of which were as the production manager at Soundbite Cider in Everett, WA.Before that, he homebrewed cider for 22 years. He has received a CINA Foundation Certificate in Cider & Perry Production also completing the Craft Cidery Startup Workshop at Oregon State University. John also has 5 years restaurant management experience as an executive chef.

Donica Monday
Bookkeeper/Marketer/Asst. Cidermaster
Donica has 5 years of experience homebrewing wine. She has 6 months of experience representing cider at local brew fests and working at a cidery taproom. She’s been doing social media marketing for the last 2 years and has 3.5 years of experience as a Director of Customer Service. Donica has a bachelor’s degree in science.

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 10/1/2027, regardless of revenue.

Amount Raised : $7,200
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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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