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Security Type
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Debt
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Categories
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Food & Bev
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Expected Close Date
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August 09, 2024
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Target Raise
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$50.00K-$124.00K
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No. Investors
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1
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $35,000
- Revenue
- $0
- Short Term Debt
- $50,000
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-108,900
Company Description
Rule G Brewing Company is poised to enter the market of microbreweries and tap rooms with solid market research, an excellent location, and a well-grounded business plan. Rule G will fill a gap in the local craft brew scene that currently lacks any local competition. In addition, the owners of the location have expressed their excitement at having a microbrewery on their premises, which will equate to increased traffic and business for the plaza as a whole. There is currently no immediate competition from other breweries, with the closest being 10 miles away. Coconut Creek is a busy and affluent area, and Rule G found a location that is well-trafficked and easily accessible. The owners always wanted to start such a venture, and now they are taking the leap!
Key Deal Facts
The first microbrewery in Coconut Creek, FL, owner Ralph is raising funds for the buildout of Rule G Brewing!, Rule G Brewing will be a restaurant and microbrewery with a railroad theme— a cross between pub and railroad museum!, Fun fact: “Rule G” is the Association of American Railroads's prohibition against railroad employees working while intoxicated
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Business Idea
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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.