Field Number Fifteen
Kenyon is raising funds to expand his winery's operations!
- Security Type
- Debt
- Categories
- Winery
- Location
-
OLYMPIC VALLEY, CA
- Expected Close Date
- August 22, 2022
- Amount Raised
- $14,500
- Target Raise
- $30K-$145K
- No. Investors
- 17
- Security Price
- $1
- Number of Employees
- 4
- Cash
- $13,455
- Revenue
- $215,474
- Short Term Debt
- $176,100
- Cost of Goods
- $20,408
- Long Term Debt
- $773,343
- Net Income
- $21,132
Company Description
Field Number Fifteen is an organic winery and brewery that produces approachable wines and craft beers. Field Number Fifteen’s wines are produced from organically grown grapes on the vineyard property. The business sources the best organic grains and hops available to produce a lineup craft beers. Field Number Fifteen markets its products in farmers' markets, in the on-site tasting room, and at local bars, restaurants, and specialty markets. Customers seek out the winery’s products because they value organic locally sourced wines and craft beers free from chemical fertilizers or pesticides.
Key Deal Facts
Field Number Fifteen was featured in the Slow Wine Guide for 2022!, After reopening under Kenyon's ownership in 2021, Field Number Fifteen had a profitable first year in business!
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.