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Security Type
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Common Stock
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Categories
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Food & Bev
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Min Investment
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$100
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Location
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BATTLE CREEK, MI
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Offering Date
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August 04, 2022
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Expected Close Date
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January 03, 2023
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Target Raise
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$10.00K-$1.07M
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No. Investors
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216
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Security Price
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$0.50
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Valuation
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$10,290,622
- Number of Employees
- 1
- Cash
- $144,181
- Revenue
- $676,238
- Short Term Debt
- $260,669
- Cost of Goods
- $430,282
- Long Term Debt
- $2,663,507
- Net Income
- $-679,684
Company Description
At Cask & Kettle, we’ve blended together high-proof distilled spirits, slow-roasted decaf coffee, and bold flavors in the easy-to-use convenience of a k-pod. Crafted into a liquid cocktail concentrate, Cask & Kettle pods can be prepared hot in any Keurig™-Style Brewing System, or (no machine required) by pouring the pod into 6 oz of hot or iced water (then just give it a quick stir). Our cocktails are currently in market, and have been backed by 1,300 retailers.
Perks
StartEngine OWNERS Exclusive Click here to learn more
$100+ 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.
Early Adopters
Invest within the first 72 hours and receive 20% bonus shares
2
days
7
hours
36
mins
1
secs
$250+ Investment
Tier 1
Receive your choice of Carton + Membership in our Owner’s Group (early access to promotions and events)
$500+ Investment
Tier 2
Receive your choice of 1 Carton + 1 K-pod of each cocktail + Membership in our Owner’s Group
$1,000+ Investment
Tier 3
Receive your choice of 5 Cartons (1 of each cocktail) + Membership in our Owner’s Group
$2,500+ Investment
Tier 4
3% Bonus Shares + Receive your choice of 8 Cartons + Membership in our Owner’s Group
$5,000+ Investment
Tier 5
5% Bonus Shares + Receive your choice of 8 Cartons + Membership in our Owner’s Group
$10,000+ Investment
Tier 6
10% Bonus Shares + Receive your choice of 8 Cartons + Membership in our Owner’s Group
$25,000+ Investment
Tier 7
20% Bonus Shares + Receive your choice of 8 Cartons + Membership in our Owner’s Group
Key Deal Facts
Innovation & Growth: Over 50% of adults in the U.S drink spirits & 42% of households have Keurig™ brewing machines (source), we’ve brewed up a new kind of cocktail that brings excitement into these growing markets.
Retail Traction: Our cocktails have been embraced by over 1,300 retailers at both national chains and independent stores in 18 states over the last 12 months. We also achieved 66% year-over-year growth at Meijer supermarket stores last holiday season, positioning us for continued expansion and growth.
A Veteran Team: Our spirits company is women-led and built on the expertise of a powerhouse team with decades of experience across food and beverage companies like Kraft, Kelloggs, Nestle, Kashi, Pabst, Mike’s Hard Lemonade, and RNDC.
Management Team / Advisory Board Bios
Kevin Ripley
Supply Chain Lead
• Director of Retail Manufacturing, Kraft Foods
• Plant Director, Mondelez International
Kevin works 6-8 hours per month for Cask & Kettle.
William Blackman
Asst GM & Distributor Mgmt
• General Manager, Glam Doll Donuts
• Assistant Pastry Chef, Amour Patisserie
Scott Godwin
National Sales Director
• National Spirits Account Manager, RNDC
• National Account Manager, Pabst Brewing Company
• Key Account Manager, Mike's Hard Lemonade
Scott works 8-10 hours per month for Cask & Kettle.