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Security Type
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Non-Voting Equity
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Categories
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Consumer Goods & Products, Food & Bev
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Min Investment
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$473
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Location
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RANCHO SANTA MARGARITA, CA
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Offering Date
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July 24, 2022
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Expected Close Date
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November 07, 2022
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Target Raise
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$10.00K-$5.00M
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No. Investors
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28
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Security Price
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$9.46
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Valuation
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$99,100,000
- Number of Employees
- 16
- Cash
- $12,136
- Revenue
- $2,574,189
- Short Term Debt
- $278,758
- Cost of Goods
- $1,893,398
- Long Term Debt
- $390,110
- Net Income
- $-4,323,230
Company Description
With historical lifetime sales in excess of $27 million and multiple top honors from Industry experts such as Anthony Dias Blue of the Tasting Panel, the San Francisco World Spirits Competition, and recognized as the "Best of the Best" by the prestigious Robb Report, critics and consumers alike have distinguished AsomBroso Tequila's excellence as a first-class tequila.
Perks
StartEngine OWNERS Exclusive Click here to learn more
$479+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
Friends and Family Bonuses:
First 10 days – Friends and Family receive 20% Bonus Shares
9
days
13
hours
36
mins
57
secs
$1,000+ Investment
Investments of $1,000.00 or more
Will receive a bottle of 750ml El Platino
$2,500+ Investment
Investments of $2,500.00 or more
Will receive a bottle of 750ml La Rosa Reposado and a bottle of 750ml Gran Reserve Extra Anejo
$5,000+ Investment
Investments of $5,000 or More
Will receive a bottle of 750ml El Platino, a bottle of 750ml La Rosa Reposado and a bottle of 750ml Gran Reserve Extra Anejo
$10,000+ Investment
Investments of $10,000 or More
10% bonus shares, will receive two bottles of 750ml El Platino, two bottles of 750ml La Rosa Reposado and two bottles of 750ml Gran Reserve Extra Anejo
$20,000+ Investment
Investments of $20,000.00 or more
15% bonus shares, will receive two bottles of 750ml El Platino, two bottles of 750ml La Rosa Reposado, two bottles of 750ml Gran Reserve Extra Anejo and a 750ml bottle of Vintage Extra Anejo
$50,000+ Investment
Investments of $50,000 or More
25% bonus shares, will receive a case (6 bottles) of 750ml El Platino, a case (6 bottles) of 750ml La Rosa Reposado, a case (6 bottles) of 750ml Gran Reserve Extra Anejo and a 750ml bottle of Vintage Extra Anejo
Management Team / Advisory Board Bios
Andrew Ulmer
CFO/President
Andrew Ulmer is an accomplished Wine & Spirits Industry Executive who brings over 16 years of experience with a proven track record of success on a national level. Expert in all facets of spirits brand building and distribution including strategy, commercial leadership, sales management, execution, brand building activation in all selling channels, with additional strengths in chain relationships & brand marketing, P & L management, strategic planning / forecasting, A.O.P. development, GP & Revenue stream accountability, new brand innovation launches, Customer Leadership, sound financial fact-based decision making, planning and tracking, marketing / strategic product positioning, training, and critical knowledge of pricing strategies, programming, procurement, and internal operations. Ulmer is a decisive leader, with a proven ability to identify, evaluate, initiate and negotiate M & A opportunities with a focus on corporate growth and financial success. Possesses knowledge of SEC reporting and compliance requirements of CF and Reg A+ internal controls. Exhibits effective communication, presentation, and relationship building skills related to investors, shareholders, board of director and board committees, external auditors, investment bankers and M & A prospects.