Hopsters

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

https://wefunder.com/hopsters

Total raised on Wefunder: 1699500

Total investors: 812

Quick facts

• New Boston location filed $1.1M in Q1 2018 revenue while our original location does $1.3M in annual sales.
• Raised $1.3M from 713 Wefunder investors in 2017. 
• 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. 
• Our average gross margin is 75% across both locations.
• Net income of 20% and EBITDA of 30%+ in Boston, more than 5x as profitable as a standard restaurant. 
• Our prime Costs, Labor, & COGS run at 50%.
• 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.
• 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.

Team profiles

• Lee Cooper