Backbeat Brewing Company

Backbeat Brewing Company is seeking investment
to expand beer and coffee production and distribution through the build-out of a new brewhouse, along with other facility upgrades.

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Form C
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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
BEVERLY, MA
Expected Close Date
December 31, 2022
Target Raise
$50.00K-$250.00K
No. Investors
122
Security Price
$1
Investment Multiple
1.4×
Business’s Revenue Share:
0.83%-4.15%
Securitization
None
Maturity Date
June 30th, 2030
Website
backbeatbrewing.com
Number of Employees
2
Cash
$11,954
Revenue
$396,556
Short Term Debt
$0
Cost of Goods
$144,613
Long Term Debt
$0
Net Income
$-2,214

Company Description

Founded by veteran brewer Pete Harkins, Backbeat Brewing has become a cornerstone of the North Shore Craft Brewery scene. We built our taproom to serve as a community gathering place for the greater Beverly community.
Amount Raised : $61,300
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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