Aurochs Brewing

A New Gluten Free Beer Experience

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Security Type
Debt
Categories
Alcohol, Food & Bev
Min Investment
$250
Location
EMSWORTH, PA
Offering Date
September 30, 2021
Expected Close Date
May 02, 2022
Target Raise
$10.00K-$525.00K
No. Investors
271
Security Price
$1
Number of Employees
13
Cash
$204,943
Revenue
$276,357
Short Term Debt
$168,128
Cost of Goods
$163,978
Long Term Debt
$416,339
Net Income
$-362,263

Company Description

At Aurochs Brewing, we believe that you shouldn’t have to choose between a gluten-free beer and great taste. Since our inception, we have brewed over 40 different styles of award-winning, naturally gluten-free beer while developing strong partnerships and an enthusiastic customer base. After an incredible few years of growth, we are ready to expand regionally to deliver our product to as many people as possible.

Key Deal Facts

Our award-winning craft beer is truly & naturally gluten-free without sacrificing the complex, delicious flavors of craft beer.
Our product fills a niche at the intersection of the $22.2 billion craft beer market and the $6 billion gluten free market.
We have grown 800% in the past four years and we are ready to expand regionally into 38 states.

Management Team / Advisory Board Bios

Ryan Bove, Co-Founder, CEO, President, and Manager
Ryan is responsible for strategy, finance, and operations at Aurochs Brewing Company. Prior to founding Aurochs Brewing Company, Ryan successfully managed a $2M global new product development project at MSA, a global safety products company. In this role, Ryan transformed a product line from concept to a market ready product line and established a supply chain with multiple manufacturing locations in North America, China, Japan, and Taiwan. Ryan received his M.B.A from the Tepper School of Business at Carnegie Mellon University and graduated cum laude from the University of Notre Dame with a B.S. in Mechanical Engineering.

Doug Foster, Co-Founder & Manager
Doug is responsible for customer and consumer development at Aurochs Brewing Company. Prior to founding Aurochs Brewing Company, Doug managed sales accounts at Paychex and Acosta. At Paychex, Doug managed new client growth, customer service and the further development of 296 clients throughout 28 zip code sales territories. He increased sales by 41% over a six-month period. At Acosta, Doug managed accounts for six different consumer packaged goods companies throughout the Pittsburgh and Cleveland markets. Accounts combined for $5.3 million dollars in retail sales in 2009, and $5.5 million in 2010. He managed client sales relationship with Pinnacle Grocery for the Eastern Great Lakes region. Doug graduated from Penn State with a B.A. in Communications.

Brian Scott, Board Member
Brian Scott is the President and CEO of Pittmoss, a company that creates sustainable, organic soils made from recycled paper and cardboard. He was also founder and CEO of Express Management Group and an adjunct faculty member at Gannon University. Mr Scott began his career as the Chief Information Officer and Director of Acquisitions at Rentway, which went public on the NYSE during his tenure and exited with a sale in 2006. He has served on many for-profit and non-profit boards including Aurochs Brewing, The Flagship Niagara League, and the Innovation Collaborative and was the founder and chairman of Tall Ships Erie.
Mr. Scott earned his undergraduate degree from the Pennsylvania State University and his master degree in software engineering from Gannon University.
Amount Raised : $272,664
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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.

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