Question 1

Why this platform instead of a business loan?

Accepted Answer

Hi Brandi! We are a little too small to be considered for the usual Small Business Administration loan options.

Question 2

I am a little confused by the verbiage..it says payback multiple is 2.5 and further down it says 150% on top. Which one is it? If I am understanding correctly say if you invest say $10,000 you have the right to be repaid $25,00-is that correct? I am just going off the payback ...

Accepted Answer

Hi Drew, that got me too. It is a little bit of a brain twister the way it's written but both are true. If you invest $1,000 (during the early bird time before the limit of $65K is raised) then your payout is $2500. That being 2.5X of $1,000. That can also be accurately described as 150% of $1,000. Or 1,000 x (1 + 150%) = 2,500. Just two ways of saying the same thing. After the early bird period it goes to 1.75X so, new math applies then. Thank you for your interest and your qu...

Question 3

What would you say your expected revenue is for the next few years assuming you can purchase the equipment and make the hires you need? Additionally, is the 5% revenue share just split between the potential $250k invested or is there elsewhere it can go? Thanks

Accepted Answer

Hi Jake, revenue forecasting is tricky but I'm expecting to increase sales to 1.5x our current numbers by years end and to continue to increase to 3x sales by end of quarter 2 2021 with combined (retail/wholesale) monthly numbers between 15K-20K. That 5% revenue share is just for investors. Thanks!

Question 4

Hi Christopher, are you currently cash flow positive? After the investment/buying the equipment, how long do you think you would breakeven? Also, is the early bird amount 60000 or 65000? Thank you :)

Accepted Answer

Hi Aaron, 60K for early. Sorry for my early typo. Was cash flow positive pre covid but we took a big hit in the wholesale kegs market. Things have been improving and we've increased our on-site to-go sales. Difficult forecasting but we are thinking 2rd quarter 2021 for the numbers to return.

Question 5

Hey CB: I'm down in the Tacoma area and don't get up that way often. Is any of your product down this way? I'm a big fan and supporter of the local area distilleries, breweries, and wineries and will likely want to fine a way to support you but I like being able to buy what I ...

Accepted Answer

Hi John! Yes, we are on tap with our White Peach Baisl at the gorgeous new Tacoma taproom Cider & Cedar, www.ciderandcedar.com. I also had a keg of the same at Auburn's CRFT bottle shop for south of Seattle options. Funding closes the first week in December so there is still time to join if you like! Thanks!

Brownrigg Hard Cider

Award-winning producer of fast-selling and distinct hard apple cider

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