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Categories
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Travel, Consumer Goods & Products, Community & Lifestyle, Food & Bev
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Min Investment
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$249
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Offering Date
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September 20, 2022
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Expected Close Date
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December 19, 2022
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Target Raise
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$10.00K-$1.07M
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No. Investors
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17
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Security Price
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$1.08
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Valuation
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$10,800,000
- Number of Employees
- 16
- Cash
- $109,246
- Revenue
- $3,682,924
- Short Term Debt
- $405,988
- Cost of Goods
- $2,334,932
- Long Term Debt
- $1,916,829
- Net Income
- $72,202
Company Description
Quigley Fine Wines LLC is a winemaker, importer, wholesaler, distributor, and retailer bringing fine wines from small family winemakers into the mainstream US market. Many of our wines are organic and almost all of them are produced with sustainably grown grapes.. We are in-market, distributing through a combination of direct-to-consumer sales, our wine club, our tasting room in San Diego, and anticipating our upcoming entrance into wholesale distribution. We work with winemakers who share our values of sustainability to bring the best quality wines to our customers at reasonable prices.
Perks
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$249+ 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.
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Friends and Family Early Birds
Invest within 48 hours and receive 15% bonus units
1
days
10
hours
22
mins
52
secs
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$500+ Investment
500+ | Tier 1
3 celebratory bottles of our Classic Sparkling Wine. Automatic enrollment in our award-winning wine club with a 10% discount on the first shipment plus all the wine club benefits (1).
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$1,000+ Investment
1,000+ | Tier 2
3 celebratory bottles of our Classic Sparkling Wine. Automatic enrollment to our award-winning wine club with all the benefits (1). First 3 bottle wine club shipment free of charge (2) + 5% bonus units.
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$5,000+ Investment
5,000+ | Tier 3
6 celebratory bottles of our Classic/Reserve Sparkling Wine. Automatic enrollment to our award-winning wine club with all benefits (1). First 6 bottle wine club shipment free of charge (2) + 10% bonus units
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$10,000+ Investment
10,000+ | Tier 4
12 celebratory bottles of our Classic/Reserve Sparkling Wine. Automatic enrollment to our award-winning wine club with all benefits (1). First 6 bottle wine club shipment free of charge (2) + 15% bonus units
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$20,000+ Investment
20,000+ | Tier 5
12 celebratory bottles of our Classic/Reserve Sparkling Wine. Automatic enrollment to our award-winning wine club with all of its benefits. First two 6 bottle wine club shipments free of charge + 20% bonus units.
Key Deal Facts
Each of our fantastic wines comes with a family and a story, but without our distribution they would have no way of reaching U.S. markets. Over the last 13 years, we have changed that. We are winemakers and have relationships with over 30 vineyards in Italy, France, Spain, Australia and New Zealand. To enhance our customer's experience, we offer a travel service which allows our wine-club members to visit any of these vineyards.
U.S. wine sales grew by 16.8% in 2021, and online food and beverage distribution is predicted to grow at a rate of 20% in the next two years (Source | Source).
We have been recognized by Conde Nast International as the best small family wine importer, and as one of the top nine wine clubs in the world (Source). In September 2021, we were inducted into the Jurade Society, the oldest wine society in France.
Management Team / Advisory Board Bios
Melissa Burkette
Controller
Melissa Burkette has been with Quigley Fine Wines for 11 years and is the company Controller. Melissa is a native of Elizabethton, TN and currently resides in Johnson City, TN. She is a graduate of East Tennessee State University with a BBA in Accounting. She is married to Dr. Gary Burkette, a retired professor. When not working, her hobbies are traveling, reading, crafting, and spending time with family, especially the grandchildren!