QUAS Brewpub

QUAS Brewpub

QUAS Brewpub is seeking investment
to build-out a restaurant space into a brewpub featuring Creole food and 7 craft brew styles.

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
FLOSSMOOR, IL
Expected Close Date
November 18, 2022
Target Raise
$15.00K-$70.00K
No. Investors
55
Security Price
$1
Investment Multiple
1.6×
Business’s Revenue Share:
0.8%-3.7%
Securitization
None
Maturity Date
December 31st, 2025
Website
quasbrewpub.com
Number of Employees
1
Cash
$3,644
Revenue
$2,665
Short Term Debt
$0
Cost of Goods
$453
Long Term Debt
$0
Net Income
$-18,706

Company Description

Create and build a place to go where the “cooks” and “servers” provide and present you with a Creole meal and drink in all its important and minute details. It was not enough that the table was set and we ate well on Sundays. During the week, the before or after –school or –work meal was taken at home. Let us touch your senses. Hear, see, smell, feel, and taste the hospitality, fun, aromas, body, and flavors of delicious appetizing Creole fare.

Management Team / Advisory Board Bios

Wardell Glass Jr
Founder, Managing Member, and Business Development Director
SUMMARYWardell Glass Jr. has earned experience leading accounting and financial operations as chief financial officer, controller, and director positively affecting clients and employers in Operations, Accounting, Financial Reporting, Auditing, Business Development, Grants, Sponsored Programs and Budgeting.

Commercially – focused financial executive poised in guiding organizations to greater use of resources and responsible growth and genuine results through comprehensive changes, ensuring value-added quality and profitability.  A change-agent; acknowledged for balanced judgement, stability and capacity to steer consensus among core business disciplines with diverse agendas and visions.


 Leading change: Continual learning, creativity and innovation, external awareness, flexibility, resilience, service motivation, strategic thinking, and vision.


 Leading people: Conflict management, diversity, integrity/honesty, and team building.


 Results driven:  Accountable, customer service, decisive, entrepreneurial, problem solver, technically credible.


Business acumen:  ability to analyze and recommend solutions to complex business events and issues.


Coalition builder/communicator:  Excellent interpersonal, oral and written communication, partnering and influencing skills.


RELEVANT QUALIFICATIONS AND SKILLSDemonstrated proficiency organizing and planning accounting and financial operations as chief financial manager, controller, and director; and positively affecting the following functions: business development, contract administration, purchasing and procurement, accounting operations, financial statement preparation and analyses, audit planning and coordinating, business process change, forecasting, budgeting, in addition to grants and sponsored programs.


A June 1980 DePaul University, Chicago IL graduate with a baccalaureate degree in the science of commerce, concentrating in accountancy.


An Illinois Registered Certified Public Accountant.


Understands tax, ownership/business structures, generally accepted accounting standards and practices applied to emerging, closely held businesses.


Advanced Excel, Word, PowerPoint, and Information Technology experience.


Operates to accomplish business goals and plans, and to quickly analyze and recommend solutions to complex business events and issues.


Excellent people, verbal, and written communication skills.


Works effectively in a multi-cultural environment.


Since December 9 1983, a member of Alpha Phi Alpha Fraternity Inc., #4 Iceman, the QUAS.


His 40 year WORK HISTORY:

2012 to Present. The Salvation Army

2013 – Present.  Accounting ManageratMetro Division, City Funda $50M faith-based social service agency providing programs for: Family Assistance Services: Fatherhood in Action, NICOR “Sharing” Program, and Pathway of Hope; Adult Rehabilitation Services: Harbor Light and Pathway Forward; Emergency Lodging: Evangeline Booth Lodge; Human Trafficking and Sexual Exploitation: Anne’s House - Promise and STOP-IT; Educational and Spritual Services: Wonderland Camp and Conference Center; Youth Services: Early Childhood Development and Wonderland Camp; Senior Services: Golden Diners Senior Nutrition Program.  Accomplishments: leading a 7 member team to provide valuable reporting and analysis in general accounting and financial reporting, in addition to managing cash and reporting on cash receipts, accounts payable, payroll, and government-public agency contract and grants compliance.  Monthly financial reporting to the Finance Committee of the Chicago Advisory Board.  Participation and completion in annual audits conducted by TSA- THQ; external and government grant auditors; and the A-133 compliance report.


December 2012 to November 2013. Ray and Joan Kroc Corps Community Center - Chicago,offering programs, such as: Aquatics, Family Life & Education, Fine Arts, Fitness, Sports, Senior programs and more.Business Directorleading accounting, and enterprise activities: events, food service, and concessions.


1999 to 2012.    Wardell Glass Jr., CPA,Accounting and Business Consultant providing contracted accounting, tax, and business consulting to contractors, post-secondary institutions, businesses and entrepreneurs.  Key assignments are as follows: 

1.    ContractedChief Financial Officer – Controllerfor: Scott Interiors Inc, commercial flooring contractor, G&S Floor Covering Inc, commercial flooring contractor.

2.    ContractedChief Financial OfficeratAbraham Lincoln Centre,a $7 million social service agency providing programs for: Developmentally Disabled; Behavioral Social Rehab; and Childcare, Youth and Adults.

3.    ContractedDirector of AccountingatChicagoland Regional College Program,a $4 - $7 million education assistance program for several hundred part-time package handlers and part-time supervisors at UPS enrolled at Chicago State University, Governors State University, Prairie State College, Morton College, Olive-Harvey City College of Chicago, and Moraine Valley Community College. 

4.    ContractedInterim Director of Property ControlatChicago State University, a state of Illinois agency of Higher Education with over $220M in fixed assets.

5.    ContractedChief Financial ManageratHometown Investments LLC,a $1 million bottled water importer and producer of meat snacks.

6.     ComptrolleratCitizenship Education Fund,a $15 million non-profit organization with Chicago headquarters and branches in: New York, Washington DC, Atlanta, Detroit, Cleveland, Houston, Los Angeles, and Silicon Valley.

7.     Director of FinanceatRiver North Sales and Service, a $30M privately held beverage sales and distribution company. 

1989 to 1999 Hometown Distributing Company Inc., Controller - Administative Director

1985 to 1988 IC Industries Ltd, Internal Audit Supervisor

1983 to 1985 Barrow, Aldridge & Company, Small and Emerging Business Consulting and Audit

1980 to 1983 Deloitte, Haskins & Sells, Audit Department, Staff to Senior Accountant

Wardell Glass Jr enjoys: brewing and drinking good libations, and cooking and eating good food varieties, especially Creole cuisine. For the last five years, he has brewed libations and drank responsibly (but of course) with his family and friends. Before he knew it, his life (and small galley kitchen) overflowed with brewery and cooking supplies, and lots of libations and food for his family and friends. Family and friends enjoy the speakeasy atmosphere with his pull-up home gatherings. He believes that this piece of culture can and will become something bigger; bringing diverse humans together for good conversation, fellowship, great brews and familiar food varieties. He made a personal investment to bring that culture to the community in an economic development opportunity to incubate a brewpub creating jobs and revitalizing the surrounding neighborhoods. Just like the speakeasies he has hosted at home; the spaces and products of his endeavors are being dedicated to family and friends, community, diversity, pairing familiar Creole food varieties with great crafted beverages.

As the QUAS LLC Business Development Director, Wardell, together with the Development Team, is responsible for developing and launching the QUAS BREWPUB operations in Hazel Crest, IL. As well, he presides over Member-Managers’ meetings; directs day-to-day operations, and maintains the necessary limited liability company records.


Wardell Glass III
Member and Technology Director


Charles Westbrook
Member and Property Maintenance Director


Jonathan E Glass
Member and Retail Sales/Packaged Goods Logistics Director


Elgin Michel
Member
Amount Raised : $29,500
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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