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Arable Brewing Company on Republic 2022

Date:

Analytics


Raised to Date:
Raised:

$27,510

Aggregate Commitments $

Platform

Republic

Start Date

05/19/2022

Close Date

07/31/2022

Min. Goal

$150,000

Max. Goal

$190,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Rolling Commitments $

Status

Active

Reporting Date

05/19/2022

Days Remaining

73

% of Min. Goal

18%

% of Max. Goal

14%

Likelihood of Max

extremely

Avg. Daily Raise

$27,510

Momentum

hot.svg

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Location

Eugene, Oregon

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Arable Brewing Company is raising funds on Republic. It is a specialized microbrewery and event space in Lane County, Oregon. The microbrewery offers a unique outdoor and indoor environment, food from rotating local food trucks, and a variety of beers, including IPAs, stouts, pale ales, lagers, porters, Belgians, and sours. Arable Brewing Company expects to sell approximately 174 barrels in 20022 and estimates profits of $66,000 within the first six months. Cam Wells, Chris Archer, and Amy Wells founded Arable Brewing Company in May 2020. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $190,000. The campaign proceeds will be used to open the brewery in Fall 2022, scale production, and achieve growth.

Summary Profit and Loss Statement

Revenue

$1,044

$0

COGS

$834

$0

Tax

$0

$0

 

 

Net Income

$210

$0

Summary Balance Sheet

Cash

$210

$0

Accounts Receivable

$0

$0

Total Assets

$210

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/19/2022

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