Lake Effect Brewing Company

Lake Effect Brewing is opening their first taproom!

Print
Claim My Business
Security Type
Debt/Note
Categories
Alcohol
Location
CHICAGO, IL
Expected Close Date
July 22, 2024
Target Raise
$50.00K-$115.00K
No. Investors
2
Security Price
$1
Number of Employees
1
Cash
$2,741
Revenue
$119,737
Short Term Debt
$18,120
Cost of Goods
$27,609
Long Term Debt
$0
Net Income
$-19,955

Company Description

Lake Effect Brewing Company is a family-owned brewery that has been a staple of the Jefferson Park neighborhood for over a decade. Specializing in craft beers, the brewery is committed to serving the local market with a range of high-quality products. Their operations encompass brewing, packaging, and delivering a variety of beers in both kegs and cans to numerous Chicagoland accounts, including prominent retailers like Binny’s Beverage Depot and Whole Foods, as well as a host of bars, restaurants, and independent stores. With six core brands widely distributed and an array of seasonal and specialty releases, Lake Effect Brewing Company has firmly established itself as a trusted name in Chicago's craft beer scene.

Key Deal Facts

Lake Effect Brewing Company proudly earned the prestigious Silver medal at the 2014 Festival of Barrel Aged Beers, showcasing their commitment to crafting exceptional barrel-aged brews., Demonstrating their mastery in both brewing and culinary arts, Lake Effect Brewing Company claimed victory at the Old Irving Park Beer and BBQ Challenge for three consecutive years from 2014 to 2016., Lake Effect Brewing Company's brews have garnered widespread acclaim from both enthusiasts and critics alike, with consistently high ratings on popular online platforms such as Untappd and Beer Advocate.

Amount Raised : $115,000
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

A note is a financial security that generally has a longer term than a bill but a shorter term than a bond.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments