-
Funded
-
Books & Brews mission is to provide a place for people without a place. Where all are accepted, appreciated, and encouraged to be themselves. We sell craft beer, focus on local food, and provide an extensive social-based event schedule but we are defined by our people. Simply put, people are our product. From our staff, to our customers, to our vendors, we
Financial Summary
Previous Fundraise Summary
| Security Type | Revenue Share | |
|---|---|---|
| Investor Eligibility | All Investors |
Offering Materials
You may download these documents for your own use.
Investment Perks
Expired 02/28/2017 | $50,000.00
Talk to us!
Receive previous perks and more
Expired 02/28/2017 | $40,000.00
$5k perk w/ 50% discount + $80 credit
Plaque + increased discount to 50% off all Books & Brews purchases, and a $80 monthly store credit for life of loan
Expired 02/28/2017 | $35,000.00
$5k perk w/ 45% discount + $70 credit
Plaque + increased discount to 45% off all Books & Brews purchases, and a $70 monthly store credit for life of loan
Expired 02/28/2017 | $30,000.00
$5k perk w/ 40% discount + $60 credit
Plaque + increased discount to 40% off all Books & Brews purchases, and a $60 monthly store credit for life of loan
Expired 02/28/2017 | $25,000.00
$5k perk w/ 35% discount + $50 credit
Plaque + increased discount to 35% off all Books & Brews purchases, and a $50 monthly store credit for life of loan
Expired 02/28/2017 | $20,000.00
$5k perk w/ 30% discount + $40 credit
Plaque + increased discount to 30% off all Books & Brews purchases, and a $40 monthly store credit for life of loan
Expired 02/28/2017 | $15,000.00
$5k perk w/ 25% discount + $30 credit
Plaque + increased discount to 25% off all Books & Brews purchases, and a $30 monthly store credit for life of loan
Expired 02/28/2017 | $10,000.00
$5k perk w/ 20% discount + $20 credit
Plaque + increased discount to 20% off all Books & Brews purchases, and a $20 monthly store credit for life of loan
Expired 02/28/2017 | $5,000.00
Permanent Plaque + Discounts
Permanent plaque with your name on it at Books & Brews, 15% off all Books & Brews purchases, and a $10 monthly store credit for life of loan
Financials
This is an overview of the previous and planned financings of the business, including the capital needs the business is looking to cover in the current financing.
Funding Uses for Target Raise ($35 k)
Location/Buildout
$20,000
| Description | Building improvements including addition of second restroom, some demo, and various aesthetic changes. |
|---|---|
| Timing | A one-time payment 1 month after investments close. |
Hiring
$5,000
| Description | Hiring and training management and employees |
|---|---|
| Timing | A one-time payment 1 month after investments close. |
Funding Uses for Max Raise ($77.5 k)
In addition to target raise
Start Up/Development
$20,000
| Description | Additional start-up costs including licenses, security deposit, signage, insurance, audio equipment, etc |
|---|---|
| Timing | A one-time payment when investments close. |
Build Inventory
$15,000
| Description | Initial costs of buying food, beer, wine, glassware, merchandise, and smallwares. |
|---|---|
| Timing | A one-time payment 6 months after investments close. |
Remaining funding uses include cash buffer and Localstake Marketplace fees. See offering materials for full details.
Q&A
Team
Jason Wuerfel
Founder and Chief Executive Officer
Jason founded Books & Brews in March of 2013 and opened the first location in Indianapolis in March of 2014. Jason has run every facet of the business since inception including brewing, maintenance, sales/marketing, promotions, and accounting, just to name a few. As the business evolves and expands, Jason will be in charge of the franchising team as they seek out to establish both new franchisee locations and company-owned locations.
Mike Hansen
Chief Marketing Officer
Molly Grooms
Chief Operating Officer
Bryan Suter
Chief Brewing Officer
About Books & Brews
Fundraise status: No current fundraise
You cannot express interest at this time. Check back soon!
Your status: No interest
Express Interest
If the business begins fundraising, you will be able to review and complete the investment steps.
Expressing Interest FAQ
Expressing interest covers a few different functions. First, it acts as your indication to the business that you have a potential interest in considering an investment. It is also the means by which you are able to access additional materials from the business. The reason you must express interest to view this information is so that the business can keep track of who has accessed their sometimes confidential information. Lastly, expressing interest allows you to keep in touch and stay updated on the progress of the business as they work through their fundraise.
An expression of interest is non-binding. Providing a dollar amount of interest to the business is exclusively a way for them to get a better understanding of whether there is sufficient aggregate interest from investors to support their fundraise goals. If you do not provide a dollar amount to the business, this is fine, but they may decide to cancel their fundraise if they do not have a clear enough picture as to whether there is enough interest to meet their goals.
Yes. Interest can be cancelled at any time, and after cancelling the business will have no means by which to contact you. If you cancel your interest, you can always express interest again if you change your mind.
Yes. The business will be able to contact you through Localstake Marketplace platform messaging. They will not receive any other personal contact information (i.e. email address, phone number, etc.).
When you express interest in a business, they will receive a notification that you are interested. On their investor management interface, they will see your name, state of residence, occupation, and amount of investment.
Company Updates
Sign Up
on Localstake Marketplace to see details on this business.