# Sly Fox Brewing Co.

We're Coming To The 'Burgh

## Elevator pitch
We've been brewing and packaging beer since 1995. In fact, we were the first craft brewery in the region to produce&nbsp;cans&nbsp;for sale, which are now sold in 6 states and DC. We have two brewpubs now and are days away from opening our third location in&nbsp;Wyomissing. We have positioned ourselves for aggressive growth in 2019. This expansion will include&nbsp;two new locations in the Pittsburgh area - the historic Terminal Building Redevelopment Project and at The Point, the tip of the "Golden Triangle."

- Canonical URL: https://wefunder.com/slyfoxpittsburgh
- Entity ID: wefunder:company:36530
- Last updated: 2026-06-02T05:00:20Z
- Generated at: 2026-06-03T23:30:44Z

## Quick facts
- The Giannopoulos family has been in the craft beer and brewpub&nbsp;business for over twenty-three years.
- Winners of multiple Great American Beer Festival medals for outstanding craft beers.
- Our current brewpubs in Phoenixville and Pottstown combine for more than $3.2 million in annual sales.
- As part of our Community Footprint Strategy, we've leased over 6,000 SF&nbsp;within McKnight Reality Partners' $100+ million&nbsp;"The Highline"&nbsp;redevelopment Project, as well as 1,700 SF in the downtown River Vue&nbsp;Complex at The &nbsp;Point.
- With a population of over 2.36 million people,&nbsp;Pittsburgh has quickly become one of the hot spots on the craft beer scene.

## Active fundraises
- wefunder:fundraise:26101: 4(a)(6) successful (USD)

## FAQ
1. **I have a few questions for the Sly Fox team. 1. What will be the source of the revenue used for purposes of repaying the Revenue Share? 2. Do you expect any efficiencies as a result of the addition of these new locations? 3. Based on current projections, how long will it take ...**
   - 1.&nbsp;The source is the revenue from the two Pittsburgh restaurants.&nbsp;2.&nbsp;We will on administrative overhead as well as economy of sale on cost of food and beverages, transportation.3. That is dependent on how much is raised and what the annual combined sales are but I would project 5-7 years.&nbsp; If you send an email to johng@slyfoxbeer.com I can send you a brochure we put together that helps explain the investment. ​
2. **Do I need to go to Pittsburgh to collect my swag?**
   - Once the swag is available, it can be picked up at either Pottstown or at the Pittsburgh opening party.
3. **This an investment in the two Pittsburgh locations, right? What does the corporate organizational chart look like with the other locations, is there a holding company structure? Do the other entities guarantee the space leases in Pittsburgh? Do the owners personally guarantee ...**
   - &nbsp; This is for the two Sly Fox locations in Pittsburgh. The leases are in the name of our two brewing companies, Sly Fox Brewing Company, Inc. and Chester County Brewing Company, Inc.&nbsp;and this Wefunder raise is for the restaurant management company that was formed to run the two Pittsburgh locations.&nbsp;&nbsp;The leases are guaranteed by the corporate brewing companies and there are no personal guarantees.&nbsp;There is no conventional financing for the Pittsburgh projects all capi...
4. **Now that the 300K goal has been reached, at what point will this funding close? The more that gets added the longer it will take to repay the investors. Also, what is the target date of both locations opening?**
   - Our goal is $450,000 at which point we will initiate the process of closing the campaign or August 15th whichever comes first.&nbsp;&nbsp;We plan on the 300 Liberty location opening in August and are hoping to have The Highline location open before the end of the year.&nbsp;
5. **So just to verify This is basically a loan. I invest $1000. Get paid back $1500 with no further stock or rev?**
   - Yes that is correct it is like a loan with the additional benefit of the Swag. If you would like additional information about the investment / projected ROI please send an email to johng@slyfoxbeer.com

## Team
- PJ Oris (Partner Sly Fox Hospitality Group)
- Mike Keefe (General Manager | Sly Fox Taphouse at the Point)
- Craig Coffman (Corporate Director Of Hospitality)
- John Giannopoulos (Owner, Managing Director)
- Tim Ohst (Director of Brewery Operations)
- Pete Giannopoulos (Owner, Managing Partner)

## Recent posts
- Update (2023-10-12T13:53:33Z)
- Sly Fox - Find your spot at the bar! (2021-03-11T19:58:56Z)
- Highline Update (2021-03-11T19:55:08Z)

## Q&A
- Q: Hi John, are any updates forthcoming? The recent news of a health code violation and the Highline location being listed for lease are of concern, especially given that we have not been provided any correspondence in about 20 months now. Thanks.
- Q: Can we please get an update and some financials? The last update was a year and a half ago.
- Q: Whats the expected yearly return on a $1000 investment?
- Q: Do you have an idea of when you will have the kick off party? Approximate month will suffice for now. I have to make plans so I can be there. Thanks.
- Q: Is the 15% investor discount card a lifetime card?
- Q: Congrats, on going forwarding with your next location. Hereunder are my questions: So, are your other locations profitable? What's your gross &amp; net profit (to owners)? If the raise for other locations were similarly through wefunder, then when did you start paying the revenue share after close? Other than the profit do the owners also take a salary? Is there a proforma for the offering?
  - A: Arun; Thanks for reaching out, we have two locations (Pottstown &amp; Wyomissing) that are using the same concept as that which we will be using in the two Pittsburgh locations and they are both profitable. We will start payments following the first quarter in which we are open. We anticipate the Downtown Pittsburgh location opening in August and the South Side location opening late 2019/early 2020 The owners receive a salary from an affiliated company. If you would like more information please send me an email to johng@slyfoxbeer.com and I will send you a brochure that explains ROI based on projected returns.
- Q: I have a few questions for the Sly Fox team. 1. What will be the source of the revenue used for purposes of repaying the Revenue Share? 2. Do you expect any efficiencies as a result of the addition of these new locations? 3. Based on current projections, how long will it take to repay the Revenue Share? Thanks for taking the time to answer these questions and good luck.
  - A: 1.&nbsp;The source is the revenue from the two Pittsburgh restaurants.&nbsp;2.&nbsp;We will on administrative overhead as well as economy of sale on cost of food and beverages, transportation.3. That is dependent on how much is raised and what the annual combined sales are but I would project 5-7 years.&nbsp; If you send an email to johng@slyfoxbeer.com I can send you a brochure we put together that helps explain the investment. ​
- Q: Do you send 1098 for dividend checks
- Q: When can we expect a financial update
  - A: Gary once we have both locations up and running we will be sending a sales recap and check out one month after the end of each quarter.&nbsp; With just the small location on The Point in Downtown Pittsburgh currently operating we thought we would wait until after the first quarter to send out the First check.&nbsp; We are currently projecting a July opening for the brewery location on the Southside but have decided to start paying as if we started to operate there on April 1 based on the middle range of projections($2,000,000 of annual sales for both locations), this check will be mailed by July 30th.&nbsp; Please feel free to reach out to johng@slyfoxbeer.com if you need additional info or have questions. ​
- Q: So I invested and live in Kansas City. How do I get my Swag and when will I be notified to come to Pittsburgh which I will for the new set up?
  - A: Sean, thanks for reaching out.&nbsp; We have ordered all of the swag and are waiting for everything to get here.&nbsp; Depending are where people live we will either make it available for pick up at the 300 Liberty party&nbsp;or we will mail it.&nbsp; We will have a Happy Hour party for all Wefunder investors at the 300 Liberty location in Pittsburgh coming up soon.&nbsp; We currently anticipate that happening in early October.&nbsp; We will have the Wefunder Investor party prior to the opening of the Highline location on the South Side of Pittsburgh, we are looking at first quarter of 2020 for that.&nbsp;&nbsp;
- Q: GOOD AFTERNOON: WHAT IF I PREFER TO OWN SHARES IN THE COMPANY; DO I HAVE A CHOICE?
  - A: Clinton, sorry this is strictly set up as a there is not an equity option available.
- Q: Once both locations are fully operational, what is the projected combined annual revenue?
  - A: Joseph;if you send an email to johng@slyfoxbeer.com I can send you a brochure we put together that shows various sales projections and ROI's​
- Q: When does the round close?
  - A: Chris, the Pittsburgh raise closes on Sunday August 4th.&nbsp;
- Q: So just to verify This is basically a loan. I invest $1000. Get paid back $1500 with no further stock or rev?
  - A: Yes that is correct it is like a loan with the additional benefit of the Swag. If you would like additional information about the investment / projected ROI please send an email to johng@slyfoxbeer.com
- Q: Now that the 300K goal has been reached, at what point will this funding close? The more that gets added the longer it will take to repay the investors. Also, what is the target date of both locations opening?
  - A: Our goal is $450,000 at which point we will initiate the process of closing the campaign or August 15th whichever comes first.&nbsp;&nbsp;We plan on the 300 Liberty location opening in August and are hoping to have The Highline location open before the end of the year.&nbsp;