Tilton Brothers Brewing

Tilton Brothers Brewing

Artfully minded Food and Beers

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Security Type
Revenue Sharing
Categories
Alcohol
Min Investment
$100
Location
Hampton, NH
Offering Date
June 10, 2021
Expected Close Date
August 04, 2021
Target Raise
$75.00K-$150.00K
Security Price
$1

Company Description

New local brewery in New Hampshire, Massachusetts.

Key Deal Facts

Tilton Brothers Brewing was founded in 2019 by Ben & Dave Tilton and Joe Chase. We started the business due to our shared love of craft beer and entrepreneurial spirit.

Use of Proceeds

  • Glycol system upgrade: $20,000
  • New 7bbl FVs: $15,000
  • New Brewhouse System: $40,000
  • Working Capital & Debt Reduction: $66,000
  • Mainvest Compensation: $9,000

Management Team / Advisory Board Bios

Ben Tilton, Owner & Head Brewer
Ben has extensive history in the craft beer industry, which started with his work in several breweries and pubs. He then transitioned to working as a high end sales representative for Anheuser-Busch, then transitioned to craft sales for Dogfish Head, before starting Tilton Brothers Brewing in 2018. Ben lives in Newmarket, NH with his wife Marina who is a recruiting specialist, an ardent supporter of the brewery and a lover of kettle sours.

Dave Tilton, Owner
Dave latched onto his dad’s appreciation for beer and homebrewing while growing up. The two brewed their first cooperative batch of homebrew a decade ago with much fanfare from family and friends. Encouraged by the results, Dave began brewing and formulating recipes with Ben not long after and the two built and refined their portfolio over the next several years until they met Joe Chase and turned the shared dream of opening a brewery into reality. Dave has developed software for over a decade and currently works on contracts to support the Portsmouth Naval Shipyard. He lives in Portsmouth with his fiancé Stephanie and their rabbit Leland.

Joe Chase, Owner
Joe brings the financial expertise to the team, with a background as an entrepreneur and experienced investor. He discovered his passion for investing at an early age. After buying his first mutual fund in high school, Joe opened a brokerage account in college to begin trading stocks. His love for investing grew rapidly, and shortly after college Joe started managing an equity portfolio for a single family office, splitting time between Coral Gables, FL and Newport, RI. While living in Florida, Joe began investing in single family homes in the Jacksonville market, at first flipping homes and later holding houses as rental properties. Joe lives in downtown Portsmouth, NH with his wife and daughter. They enjoy spending time together, ideally being active and outdoors at the beach or in the mountains.
Amount Raised : $9,000
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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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