-
Min Investment
-
$348
-
Expected Close Date
-
October 28, 2024
-
Target Raise
-
$15.00K-$1.23M
-
Security Price
-
$2.81
- Number of Employees
- 15
- Cash
- $105,503
- Revenue
- $1,325,208
- Short Term Debt
- $111,371
- Cost of Goods
- $687,036
- Long Term Debt
- $44,500
- Net Income
- $-1,500,060
Company Description
SoNo1420, is a craft distillery producing ultra-premium spirits capturing the essence of our coastal climate with award-winning offerings born of a passion for flavor.
Key Deal Facts
PASSION: Not only for the International Award Winning quality & flavor of our hand-crafted spirits, but with 30+ years of entrepreneurial leadership – for building great companies.
INNOVATION: Across gold medal bourbons, vodkas & RTD’s rated “Excellent”; from the exquisite flavor of milled hemp seed added to whiskey mash; finishing our whiskey at sea; Threesome Ready-to-Mix cocktails & more.
SUCCESS: Garnering year-over-year growth; regularly selling out of our spirits; achieving $1.3M in 2023 revenue; expanding manufacturing & existing multi-state distribution networks while penetrating new markets.