Hopsters cover feature

Hopsters

Nationally expanding brewery/restaurant featuring brew-your-own-beer experience
$396,401 Raised
Ended March 15th
152 Investors

As a craft brewery with a brew-your-own-beer experience, bar, and restaurant all under one roof, we give patrons a place they can enjoy on any occasion. Whether it's a birthday, corporate event, or a fun night out on the town, there's always a reason to come back to Hopsters. Since opening in 2013, we've grown to two locations, including an incredible new 6,000 sq ft Hopsters in Boston's Seaport District that earned $1.1M in Q1 of 2018.

Why you may want to invest
  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.

Learn more about this company

Company Details

Location
Newton, MA
Founded
2013
Employees
20

Key Team Members

Karen Cooper
Member
Lee Cooper
Founder

Financials

Most recent Fiscal Year

Income Statement

Revenue
12%
$1,145,673
Cost of Goods Sold
3%
$304,354
Gross Profit
15%
$841,319
Taxes
$0
Net Income
837%
-$530,619

Balance Sheet

Total Assets
244%
$4,044,706
Cash
76%
$126,975
Accounts Receivable
$0
Short Term Debt
440%
$838,969
Long Term Debt
373%
$984,455

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