Ola Brew Co. cover feature

Ola Brew Co.

Producing world-class beers and ciders using local ingredients in Hawai'i County
$140,206 Raised
Ended May 1st
166 Investors

Did you know that a) More than half of the tropical fruit grown in Hawai'i falls to the ground and never makes it to market; b) U.S. demand for craft alcohols has doubled in the last 5 years, and c) Most beer and cider consumed in Hawai'i is imported? Our conclusion: it’s time Hawai'i County had its own brewery designed to turn the state's abundance of produce into revenue for local farmers. And as the experienced beverage entrepreneurs who started Hawaiian Ola, we are the best team for the job!

Why you may want to invest
  1. First to bring production scale, locally sourced, craft cider to Hawaii.

  2. Raised over $2.5M for equipment, facility build out, and taproom.

  3. Launched our 14,000 sq. foot beverage facility and taproom in December of 2017.

  4.  Launched our retail products in stores statewide in July, 2018, 7 months after we opened doors. We are now in over 250 retail locations throughout the state including Wholefoods, Costco, Safeway, CVS and many local chains and independent stores. 

  5.  Our founding team signed 3-year work commitments, and each team member has a stake in the company, incentivizing them to take ownership and pride in everything they do. 

  6. Managed by seasoned beverage industry professionals. 

  7. Will open first satellite taproom on Oahu in the fall of 2019.

  8. Raised $707,205 from 634 investors on Wefunder since May 2017.

Learn more about this company

Company Details

Location
Kailua Kona, HI
Founded
2015
Employees
10

Key Team Members

Brett Jacobson
CEO
Chris Whidden
Brand Manager
Naehalani Breeland
Marketing Director

Financials

Most recent Fiscal Year

Income Statement

Revenue
$56,182
Cost of Goods Sold
$21,309
Gross Profit
$34,873
Taxes
$3,031
Net Income
293%
-$611,104

Balance Sheet

Total Assets
135%
$1,593,737
Cash
23%
$187,127
Accounts Receivable
$1,510
Short Term Debt
177%
$118,065
Long Term Debt
182%
$2,231,004

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