A local booze maker has ordered a round of fresh cash.
Belle Isle Craft Spirits, which makes its own brand of moonshine out of distillery in Manchester, is looking to raise $1.5 million in capital, according to an SEC filing.
Founded in 2013, the company is based out of 7,000-square-foot space at 615 Maury St. It began operations in the facility in 2015.
Belle Isle sells its wares in Virginia ABC stores, and in Washington, D.C., Maryland, and Delaware. Its products include moonshine and moonshine flavored with grapefruit and honey habanero.
The company has raised $50,000 toward its $1.5 million goal thus far, the SEC document shows. It’s offering equity with a minimum investment of $25,000 per outside investor. It doesn’t plan for the raise to last longer than a year, according to the filing.
The document lists Belle Isle’s revenue in a range of $1 to $1 million.
The company would not comment for this story.
This is at least the second time the company has attempted a capital raise, SEC filings show. It had a $400,000 offering in the works in early 2014.
A local booze maker has ordered a round of fresh cash.
Belle Isle Craft Spirits, which makes its own brand of moonshine out of distillery in Manchester, is looking to raise $1.5 million in capital, according to an SEC filing.
Founded in 2013, the company is based out of 7,000-square-foot space at 615 Maury St. It began operations in the facility in 2015.
Belle Isle sells its wares in Virginia ABC stores, and in Washington, D.C., Maryland, and Delaware. Its products include moonshine and moonshine flavored with grapefruit and honey habanero.
The company has raised $50,000 toward its $1.5 million goal thus far, the SEC document shows. It’s offering equity with a minimum investment of $25,000 per outside investor. It doesn’t plan for the raise to last longer than a year, according to the filing.
The document lists Belle Isle’s revenue in a range of $1 to $1 million.
The company would not comment for this story.
This is at least the second time the company has attempted a capital raise, SEC filings show. It had a $400,000 offering in the works in early 2014.