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Hopsters

Nationally expanding brewery/restaurant featuring brew-your-own-beer experience

Last Funded March 2019

$1,699,500

raised from 860 investors
Opened 2nd location in Seaport on Jan 4
Last updated December 2018

Highlights

1
New Boston location filed $1.1M in Q1 2018 revenue while our original location does $1.3M in annual sales.
2
Raised $1.3M from 713 Wefunder investors in 2017. 
3
Corporate events with Google, HP, John Hancock, PWC, Vertex, GE, HubSpot, Harvard, and other large businesses can bring in more than $10k of revenue a night. 
4
Our average gross margin is 75% across both locations.
5
Net income of 20% and EBITDA of 30%+ in Boston, more than 5x as profitable as a standard restaurant. 
6
Our prime Costs, Labor, & COGS run at 50%.
7
Opened in January 2018, our 6,000 sq ft Boston location has the capacity for 180 people and boasts 12 kettle stations, a bar, brew hall, and a full-service restaurant and kitchen.
8
Serving our own beer through our own taps has proved to highly profitable, as we have a 90% gross margin on all Hopsters–brewed beer served on-site.

Our Team


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Overview