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Security Type
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Debt
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Categories
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Alcohol, Retail, Manufacturing
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Min Investment
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$250
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Offering Date
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September 20, 2021
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Expected Close Date
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April 30, 2022
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Target Raise
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$500.00K-$1.07M
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Security Price
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$6.12
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Valuation
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$6,000,000
- Number of Employees
- 20
- Cash
- $142,513
- Revenue
- $1,510,539
- Short Term Debt
- $342,694
- Cost of Goods
- $718,881
- Long Term Debt
- $1,901,150
- Net Income
- $-141,106
Company Description
Running a profitable craft brewery is difficult. In an industry full of brewers who don’t know business and business people who don’t know beer, MobCraft is the rare exception: a profitable craft brewery with a solid business plan run by talented, passionate brewers and an innovative crowdsourced brew schedule. With 8 years of running a profitable brewery under our belt, we’ve cracked the code to a successful craft brewery model, and now we’re ready to expand and replicate our success in new locations.
Key Deal Facts
Uniquely successful craft beer taproom model generating over $400k profit annually.
90,000+ annual visitors at MobCraft’s Milwaukee location.
Grew 17% at wholesale during 2020 pandemic.
Prolific (300+ beers) and multi-award winning brewery.
Robust plan in place to expand retail locations, centralize expenses, & minimize inefficiencies.
Unique crowdsourcing concept engages customers and creates a fast-growing base of lifelong fans.
Craft beer market growing at 14.1% CAGR.
Next steps: regional expansion to 3 new locations.
Management Team / Advisory Board Bios
Henry Schwartz, President & Founder
Entrepreneur from age 15, Schwartz owned Board to Death Skate Shop until starting college to study Entrepreneurship & Spanish. A world traveler who likes to bring innovative ideas to life, he was named 2017 SBA Young Entrepreneur of the Year.
Andrew Gierczak, Vice President
Microbiologist/Entrepreneur specializing in industrial yeast fermentation, with a passion for ecology, mycology and sustainability.
Julia Herz, Advisor
Before consulting, Herz was the Craft Beer Program Director for the Brewers Association and Publisher of CraftBeer.com. She specializes in cause-based marketing, including the new Gray For Good – For All Womanhood campaign. She also loves beer.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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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
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Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.