Nahmias Et Fils Distillery cover feature

Nahmias Et Fils Distillery

Producing Mahia, a traditional Moroccan fig spirit, from our family recipe
$13,300 Raised
Ended December 9th
44 Investors

We're introducing a new spirit category to the mix of popular liquors in the U.S. and around the world. Mahia, which literally translates to “water of life”— is a fig brandy made traditionally by the Moroccan-Jewish population. Our heirloom recipe has been used by a line of family Mahia distillers since 1900 in the village of Taznakht. Every drop is distilled from 100% carefully selected California figs and a touch of aniseed to be enjoyed by those curious enough to try it. 

Why you may want to invest
  1. 92% YOY revenue growth from 2015-'16. 30% YOY from 2016-'18.
  2. Only commercial producer of Mahia in the Western Hemisphere.
  3. Number of accounts overall across the U.S. grew by at least 63% in 1 year without a paid salesforce.
  4. Gross Margins of 71% (Mahia) and 87% (Legs Diamond Whiskey).
  5. Awards for Mahia: Silver Medal from New York International Spirits Competition and Bronze from International Wine & Spirits Competition.
  6. Awards for Legs Diamond Rye Whiskey: Gold Medal at The Fifty Best, Good Food Awards Winner 2017, Wine Enthusiast Top 100 Spirits in 2016. Legs Diamond Bourbon was a 2019 Good Foods Award Winner
  7. Mahia Sold at Morocco Pavilion at Epcot Center at Disney World. 
  8. Mahia sells for $36.99 to $46.99 per bottle.
Learn more about this company

Company Details

Location
Yonkers, NY
Founded
2010
Employees
2

Key Team Members

David Nahmias
Vice President
Dorit Nahmias
President

Financials

Most recent Fiscal Year

Income Statement

Revenue
19%
$170,494
Cost of Goods Sold
60%
$30,897
Gross Profit
109%
$139,597
Taxes
$0
Net Income
22%
-$31,642

Balance Sheet

Total Assets
12%
$43,961
Cash
1576%
$9,584
Accounts Receivable
53%
$1,289
Short Term Debt
28%
$72,909
Long Term Debt
1%
$1,050,926

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