Field Number Fifteen

Kenyon is raising funds to expand his winery's operations!

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Form C
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Security Type
Debt
Categories
Alcohol
Location
OLYMPIC VALLEY, CA
Expected Close Date
August 22, 2022
Target Raise
$20.00K-$145.00K
No. Investors
17
Security Price
$1
Website
fieldnumberfifteen.com
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!
Amount Raised : $17,800
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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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