Lake Effect Brewing Co LLC

CIK: 2024052ILIncorporated: 2011-01-01

Current Offering

$50,000
Target Amount
$115,000
Maximum Amount
2024-07-22
Deadline

Security Details

Type: Class B Shares
Price per share: $1.00
Shares offered: 115,000+

Offering Costs

Cash commission: 8%
Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Equity compensation: 0%
None

Financial Reports

Offering via Honeycomb

Offering History

As of 2024-06-07
Raising $50,000 -$115,000 via 115,000+ shares of class B Shares at $1.00 per share
Deadline: 2024-07-22
Filing date2024-06-07
Current employees1
Act received most recent fiscal year$596,185
Act received prior fiscal year$565,504
Cash equi most recent fiscal year$2,741
Cash equi prior fiscal year$7,343
Cost goods sold most recent fiscal year$27,609
Cost goods sold prior fiscal year$52,216
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$19,955.00
Net income prior fiscal year-$20,375.00
Revenue most recent fiscal year$119,737
Revenue prior fiscal year$167,221
Short term debt most recent fiscal year$18,120
Short term debt prior fiscal year$20,541
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$643,827
Total asset prior fiscal year$573,674

Company Information

Limited Liability Company
IL
2011-01-01

Latest Metrics

Employees1
Total Assets$643,827
Cash on Hand$2,741
Revenues$119,737
Net Income-$19,955.00

Crowdfunding Portals

This company is raising funds through this portal