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Modern Times

We'd like to formally invite you to the party.
$1,069,832 Raised
Ended May 1st
1887 Investors

In 2013, we opened a 30bbl production brewery and tasting room in San Diego. Since then, we’ve posted high double-digit growth every year, pulling in $30.5M in revenue in 2018, with $37M projected for 2019. We’re one of the most successful & fastest growing breweries in the nation, with an avid following in 7 states. We currently have 5 tasting rooms in San Diego, LA, and Portland, with 3 more CA locations in construction. This raise will help take us through this next critical stage of growth.

Why you may want to invest
  1. ~$30.5M in revenue in 2018. Up 59% from 2017.
  2. Top-performing beer brand in Stone Distributing portfolio in both dollars and volume.
  3. 30% increase in 2018 wholesale distribution in our home market of Southern California.
  4. Top 1% of craft breweries in the nation by volume.
  5. 30% employee-owned. Now opening our ownership up to fans!
  6. No money spent on advertising. Garnered the 6th-largest social media following in independent craft beer through organic growth.
  7. Currently operate 5 tasting rooms, 3 breweries, 3 kitchens, and 1 coffee roastery. Planning to open 3 new locations in 2019.
Learn more about this company

Company Details

Location
San Diego, CA
Founded
2017
Employees
225

Key Team Members

David Israel
Director
Jacob McKean
CEO
Amy Krone
Director of Art

Financials

Most recent Fiscal Year

Income Statement

Revenue
29%
$19,234,987
Cost of Goods Sold
53%
$11,756,743
Gross Profit
5%
$7,478,244
Taxes
$108,066
Net Income
147%
-$1,259,982

Balance Sheet

Total Assets
36%
$13,418,957
Cash
68%
$701,879
Accounts Receivable
25%
$1,268,375
Short Term Debt
76%
$4,252,583
Long Term Debt
689%
$17,993,629

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