Big Spring Spirits

Big Spring Spirits is officially opening the doors to South Shore Distillery!

Print
Claim My Business
Location
CARNEGIE, PA
Expected Close Date
August 11, 2024
Target Raise
$60.00K-$124.00K
No. Investors
390
Security Price
$360
Number of Employees
20
Cash
$426,255
Revenue
$3,857,048
Short Term Debt
$165,570
Cost of Goods
$1,153,165
Long Term Debt
$801,836
Net Income
$-419,248

Company Description

Talleyrand Holding Company proudly encompasses several distinct enterprises: Big Spring Spirits, South Shore Distilling, and The Drawing Room. Big Spring Spirits (BSS) is renowned for crafting fine spirits, seamlessly blending retail and wholesale operations. Their tasting rooms offer craft cocktails, bottle sales, and select food options, while their wholesale business has seen an impressive 47% annual growth over the past three years, expanding its reach beyond Pennsylvania with the recent delivery of its first out-of-state shipment. South Shore Distilling (SSD) is poised to become a Pittsburgh landmark, honoring its heritage as the historic Joseph S. Finch Distillery site with a multifaceted space featuring a distillery and tasting room, upscale convenience market, public dining house, event space, and a rooftop bar. The Drawing Room (TDR) offers a unique experience as an exclusive, members-only cigar club and lounge, complete with a public cigar shop and lounge that boasts an extensive selection of premium cigars and breathtaking views of downtown Pittsburgh and the Monongahela River.

Key Deal Facts

Big Spring Spirits began operations in 2014, establishing a strong presence in the spirits industry and earning a reputation for quality and innovation., The Distillery at South Shore has been meticulously planned since 2017, with its anticipated opening date set for late 2024, promising a new landmark in the spirits industry., Talleyrand Holdings was formed in October 2021 through the strategic combination of Big Spring Spirits and the Distillery at South Shore, uniting their strengths to create a powerhouse in the distilling world.
Amount Raised : $10,010
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

Research Reports

No reports have been submitted

Become a Reporter

0 Comments