Asgard Brewing cover feature

Asgard Brewing

Brewing the best of Viking beer with the best local Tennessee ingredients
$51,747 Raised
Ended February 23rd
131 Investors
High Growth
According to the SEC, this company has grown their revenue 452% in the past fiscal year.

As the only original brewery in our county, we supply Columbia, Tennessee with not only beer made from local produce, but unique beer from around the world. We've brought our Viking theme to a 400 sq. ft. taproom, which does $60K in monthly sales, creating hordes of Icelandic-loving beer fans in the Southern U.S. The only thing more distinct than our location and theme is our beer, which is so unique to our area that we're one of the most popular beers in Nashville, a city 45 miles away.

Why you may want to invest
  1. Revenues of $60K per month in a 400-square-foot taproom.

  2. Current margins are 60.5%, which could get as high as 85% when our own brewing space goes operational.

  3. Accounts with more than 25 Tennessee bars and restaurants within 40 miles of Nashville.

  4. We have a 4.9 rating on Facebook and a 4.5 rating on Yelp.

  5. Named one of the best new breweries in Tennessee by Thrillist in 2016.

  6. Plans for two new taprooms in Columbia, including a 20-barrel system that allows us to brew our own beer.

Learn more about this company

Company Details

Location
Columbia, TN
Founded
2016
Employees
10

Key Team Members

Hans Seezen
CFO
Jonathan Gobble
Board member
Thomas Ostrander
Director

Financials

Most recent Fiscal Year

Income Statement

Revenue
452%
$427,365
Cost of Goods Sold
449%
$193,877
Gross Profit
454%
$233,488
Taxes
33%
$5,481
Net Income
55%
-$174,433

Balance Sheet

Total Assets
23%
$459,858
Cash
75%
$6,869
Accounts Receivable
$0
Short Term Debt
65%
$244,142
Long Term Debt
51%
$481,274

Other popular startups

Get email updates for the latest investment opportunities
Email
Email