Grand Teton Distillery

"TODAY'S SNOW IS TOMORROW'S SPIRITS".

Grand Teton Distillery

"TODAY'S SNOW IS TOMORROW'S SPIRITS".

Driggs, ID
Food & Beverage
Located in Teton Valley Idaho, Grand Teton Distillery is home to dozens of award winning spirits, crafted from locally sourced ingredients and water directly from the Grand Teton mountain range.

$190,852

raised
198
Investors
$21.5M
Valuation
$5.50
Price per Share
$275.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$190,852

raised
198
Investors
$21.5M
Valuation
$5.50
Price per Share
$275.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into Grand Teton Distillery:

$275+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$550+
Investment
$550+ Investment
20% discount in gift shop/tasting room and online. (Note: We cannot ship alcohol to every state or outside of the U.S.)
$1,100+
Investment
$1,100+ Investment
Lower level plus a Grand Teton Distillery T-Shirt
$2,750+
Investment
$2,750+ Investment
Lower level plus a pair of Grand Teton Distillery Copper Mugs
$5,500+
Investment
$5,500+ Investment
Lower level plus a Grand Teton Distillery Sweatshirt
$11,000+
Investment
$11,000+ Investment
Lower level plus an Age Your Own Whiskey Barrel
$27,500+
Investment
$27,500+ Investment
Lower level plus a private tour & tasting with Master Distiller + 5% bonus shares
$55,000+
Investment
$55,000+ Investment
Lower levels plus first access to Grand Teton Private Stock Whiskey and a Distillery experience bottling your own case of whiskey + 10% bonus shares
$110,000+
Investment
$110,000+ Investment
Lower levels plus a weekend for 2 as guests of Grand Teton Distillery Founders in Teton Valley, Idaho (includes lodging, meals, and entertainment for U.S. based investors only) + 15% bonus shares
$275,000+
Investment
$275,000+ Investment
Lower levels plus a snowmobile tour of Yellowstone National Park in winter + 20% bonus shares

Reasons to Invest

The US craft spirits market is expected to reach $20 billion by 2023 and craft spirits are expected to grow by 30.22% per year between 2020 and 2027.
Grand Teton Distillery has won the highest awards in the industry: multiple Double Gold Medals for both its vodka and whiskey, with its Potato Vodka consistently ranked in the top five vodkas in the world.
The Distillery’s partnership with Channing Tatum gave way to the creation of our Born and Bred vodka, and our vodka was featured in two of his latest movies: “Kingsman - Golden Circle” and “Logan Lucky”.

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American-made spirits on a mission to better the market and deliver excellence

Grand Teton Distillery is an American-owned and operated craft distillery, now in its 9th year making award winning vodka, bourbon and whiskey. We believe that today’s snow is tomorrow’s spirits, so we source our water directly from the Grand Teton mountain range.

We believe that USA-made and owned spirits are as good, if not better than the more well-known, familiar foreign brands that dominate the market today. It is our mission to create high quality hand crafted spirits that exemplify the grandeur of our surrounding environment, while encouraging distributors to handle and promote USA craft products as well as they do foreign brands.

The Problem


A market dominated by foreign brands, production and ownership

Historically, the spirits industry has been dominated by multi-billion dollar foreign-owned brands and access to the industry has been controlled by multi-billion dollar distributors. The market for spirit companies that are American-made, produced and owned is infinitesimal compared to the mega-foreign companies. As recent as 2004, there were fewer than 100 distilleries within the US. Most well-known vodka brands and even many Kentucky bourbon brands are now owned offshore. 


It is hard for small American craft brands to compete and gain market share, but little by little the American craft spirit industry is growing much like craft beer in the 80s and 90s.

The Solution


Award-winning spirits made from only the best local practices and ingredients

The Grand Teton Distillery began operations in mid-2012 and prides itself on using local and regional ingredients, natural fruit, sustainable energy practices, and water sourced directly from the Grand Teton mountains. 

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We currently produce many award-winning spirits, including our Grand Teton Potato Vodka, Grand Teton Huckleberry Vodka, Grand Teton Cherry Vodka “Vishnovka”, and  Born and Bred Vodka, made for actor/owner Channing Tatum. In addition, we also produce Colter’s Run Whiskey Small Batch Bourbon (Double Gold medal-winning), Catamount Whiskey Single Barrel Bourbon, Gamekeeper Whiskey Wheat Mash, and Grand Teton Malt Whiskey an American Single Malt. 

The Market


The US craft spirits market is estimated to reach $20 billion in the next three years

Spirits are considered by investment advisors to be “recession resistant” investments, as sales continue to grow exponentially. The craft market in 2019 was $3.7 billion and the US craft spirits market is expected to reach $20 billion by 2023 with a CAGR of 32% (Source).

According to Data Bridge Market research, craft spirits are expected to grow by 30.22% between 2020 and 2027 (Source). As of February 2020, vodka, which makes up 31% of the spirits market in the US, is up 2.9% to $6.6 billion while the American whiskey market is up 10.8% to $4 billion. (Source).

Our Traction


$8M+ in lifetime sales, numerous gold medals and awards, plus a partnership with actor, Channing Tatum

During our eight years of operations, Grand Teton Distillery has done over $8 million in sales. Our spirits are consistently ranked among the highest awards at national competitions. 


Our 2012-2020 achievements include: 


  • First production of Grand Teton Potato Vodka (July 2012)
  • GTV - Gold Medal 94 points - Beverage Testing Institute (November 2012)
  • GTV – Double Gold Medal – The Fifty Best (2013)
  • GTV - Double Gold Medal - San Francisco World Spirits Competition (March 2013)
  • GTV - 92 Points - Wine Enthusiast (2013) – One of 11 Top Ranked Vodkas
  • GTV - Gold Medal 94 points - Beverage Testing Institute (2013)
  • GTV - Double Gold Medal - San Francisco World Spirits Competition (2014)
    - Only vodka ever to win Double Gold Medals in two consecutive years
  • GTV - 92 Points - Ultimate Spirits Challenge (2014)
  • GTV - Third Gold Medal - Beverage Testing Institute (2014)
  • Colter’s Run Whiskey - Double Gold Medal - WSWA (2015)
  • GTV - Fourth Gold Medal - Beverage Testing Institute (2015)
  • GTV - Fifth Gold Medal - Beverage Testing Institute (2016)
  • Born and Bred Vodka - Gold Medal from WSWA  (April 2016)
  • GTV - Sixth Gold Medal - Beverage Testing Institute (2017)
  • Born and Bred Vodka - Gold Medal - LA Spirits Competition (2017)
  • Born and Bred Vodka – Gold Medal - The Fifty Best (2017)
  • Catamount Whiskey – 92 Points – Wine Enthusiast (2018)
  • Born and Bred Vodka – Gold Medal – SIP Awards (2018)


The Company has won the top awards, multiple Double Gold Medals, for both its vodka and its whiskey. Grand Teton Potato Vodka consistently ranked in the top five vodkas in the world, reaching #2 in the world one year based on aggregate reviews and awards, during its first 5 years while actively entering competition. Colter’s Run Bourbon won a Double Gold from the Wine & Spirit Wholesalers Competition in Orlando and Catamount Bourbon got 92 points from Wine Enthusiast Magazine. 

Grand Teton Distillery products have been sold in 23 states, plus Canada and the UK. In 2014, actor Channing Tatum made a major investment in our distillery and formed a partnership with us to design a vodka called Born and Bred. Our vodka has been featured in two of his latest movies, “Kingsman - Golden Circle” and “Logan Lucky”. 

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What We Do


Our spirits come to life through the use of local ingredients and high quality distillation practices

At Grand Teton Distillery, we source all our raw materials locally and regionally. The huckleberries for our Huckleberry Vodka, for example, grow wild and are sourced from the surrounding mountains. Our location in Teton Valley, Idaho, is adjacent to thousands of acres of potatoes, barley, and rye production and there is a potato processing plant 50 miles down the road, which supplies our potatoes for all of our vodkas. A local farmer in Teton Valley grows and malts barley for our single malt whiskey, which is our first “grain to glass” product.

For cooling water, we have a buried tank holding one thousand gallons of water and we recirculate our cooling water, saving thousands of gallons each year. We have two deep wells on our property, one for production and proofing and one as an injection well where cooling water goes to recharge/recool after use. Our well, charged by the snow melt from the Tetons, provides pristine glacial mountain water for proofing our spirits. The water is filtered, but does not require chemical treatment.

The Business Model


Multiple revenue streams keep us highly profitable

We began as a small start-up, after the 2008 recession, with a plan to keep costs low, avoid debt, and allow time to grow our brand. We set up multiple revenue sources with a gift shop/tasting room, tours, and a license from our state to sell our products on site. Because we were able to get off the ground in just 10 months (compared to the 18 to 36 month MBA start-up model), we ran a “Distillery College” charging tuition to teach other potential craft start-ups how to negotiate the pitfalls, and thereby increasing our cash flow for working capital.

Because we sourced our equipment directly from the manufacturer rather than through middle-man vendors, we are able to sell distillery equipment to other distillers, as another source of revenue. In our liquor production, we keep costs low by ordering our raw materials, bottles, and closures in truck load quantities and negotiate potato and grain prices by contract on an annual basis.

How We Are Different


Going strong in our 9th year of production, with the highest awards in the industry and promising new partnerships

Much like the craft brewery industry, there has been rapid growth in craft distilleries over the last 16 years, from just 69 to over 2000 distilleries across the US. However, as with any rapid growth industry, we are beginning to see a shake out, as smaller, under-capitalized distilleries close. While the failure rate of small businesses is highest in the first three years, we are currently in our 9th year, working out of a large un-mortgaged 3.5 acre site, with great profitability.

We have won the highest awards in the industry for our quality on virtually every product we produce. We have reached a point where we are past the initial start-up hurdles, with multiple sources of revenue and two celebrity shareholders to help promote our products. Grand Teton Distillery has recognized regionally distributed products and a loyal customer base, and is poised and well positioned to move to the next level.

The Vision


Expanding in 2021 to accommodate more business than ever before

We have been approved for an additional 10,000 sq ft expansion, which will be able to accommodate the production of over 100,000 cases. The first phase of building will begin in the spring of 2021 and we have the preliminary approval for a $1.4 million SBA loan, to only be used for equipment, buildings and land. Our expanded facility will include a destination-level tasting room and gift shop and expanded parking for guests and buses.

We have a marketing plan in place, which we expect will grow our sales to 12,000 cases per annum and make us attractive as a partner, merger, or acquisition to larger entities with distribution power to push our brands and company to the next level. Our strategic partnership with celebrities like Channing Tatum, if promoted well, will also highlight the company and give it a national stature rather than a regional one.

OUR LEADERSHIP


Our team is deeply experienced and committed to the excellence of our products

Our founders, Lea and Bill, started out with just a vacant 3.5 acre piece of land on a state highway and transformed it into a fully functioning distillery with a stellar product, in just 10 months. Our head distiller, John, had the skill and palate to produce an award winning vodka on the first try and has continued to produce award winning spirits with each new product. Andrew joined a bit later to take over day-to-day operations, strategic planning, and direct sales, while Karyn took over office operations.

Drusilla Lawton is among our newest board members, with a degree from Yale, an MBA from NYU, and world finance and securities experience in London and New York, with JP Morgan and BNY Mellon. John Bell has joined our board, as well, and contributes his extensive business growth experience, owning a $100 million company with business across all 50 states

Why Invest


Poised to make our mark on the multi-billion dollar “recession-proof” spirits industry

Spirits are a fun business and our shareholders get great discounts. With the US craft spirits market expected to reach $20 billion by 2023, there is tremendous growth potential in American-owned craft distilleries. With celebrity partnerships, strategic marketing and numerous awards under our belt, Grand Teton Distillery is poised to be a major player in that growth!

In the Press

San Francisco Spirits World Competition 2014 Results
January 1, 2017

2014 RESULTS BY CLASS

San Francisco Spirits World Competition 2013 Results
January 1, 2017

2013 RESULTS BY CLASS

BTI Tastings
January 1, 2017

89 Points - Silver Medal, Highly Recommended

Artisan Spirit

Distilling Distinction

Proof 66
January 1, 1970

GRAND TETON VODKA: THE PERFECT DIRTY MARTINI

Refinery29

Channing Tatum Is Making Vodka Now

Bon Appétit

Channing Tatum on Vodka and the Crazy Sh*t That Happens When You Drink It

VinePair

Craft Across America: 50 States, 50 Proudly Local Beers, Wines, and Spirits

Barron's

Great Escapes: The Quiet Side of Idaho’s Tetons

WineEnthusiast

11 Top-Rated Vodkas

Business Insider

The Best Vodka On The Market

WineEnthusiast

TOP 100 SPIRITS OF 2018

The Takeout

A field guide to celebrity alcohols: Like regular booze, but famous

The Wall Street Journal

The Coolest, Under-the-Radar Ski Towns in the American West

Liquorista

10 Best Potato Vodka Brands 2020

Offering Summary


Company

:

Grand Teton Vodka, Inc.

Corporate Address

:

1775 N Hwy 33, Driggs, ID 83422

Offering Minimum

:

$9,999.00

Offering Maximum

:

$1,069,992.00

Minimum Investment Amount

(per investor)

:

$275.00











Terms


Offering Type

:

Equity

Security Name

:

Class N Common Stock

Minimum Number of Shares Offered

:

1,818

Maximum Number of Shares Offered

:

194,544

Price per Share

:

$5.50

Pre-Money Valuation

:

$21,531,422.00











*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.

COVID Relief

This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary COVID-19 regulatory relief set out in Regulation Crowdfunding §227.201(z).

Expedited closing sooner than 21 days.

Further, in reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and February 28, 2021, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal not direct a transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).

Investment Incentives and Bonuses

Time-Based Perks:

Friends and Family Early Birds

Invest within the first 48 hours and receive 20% bonus shares.

Super Early Bird Bonus

Invest within the first week and receive additional 15% bonus shares.

Early Bird Bonus

Invest within the first two weeks and receive an additional 10% bonus shares.

Amount Based Perks:

$550+ Investment - 20% discount in gift shop/tasting room and online. (Note: We cannot ship alcohol to every state or outside of the U.S.)

$1,100+ Investment - Lower level plus a Grand Teton Distillery T-Shirt

$2,750+ Investment - Lower level plus a pair of Grand Teton Distillery Copper Mugs

$5,500+ Investment - Lower level plus a Grand Teton Distillery Sweatshirt

$11,000+ Investment - Lower level plus an Age Your Own Whiskey Barrel

$27,500+ Investment - Lower level plus a private tour & tasting with Master Distiller + 5% bonus shares

$55,000+ Investment - Lower levels plus first access to Grand Teton Private Stock Whiskey and a Distillery experience bottling your own case of whiskey + 10% bonus shares

$110,000+ Investment - Lower levels plus a weekend for 2 as guests of Grand Teton Distillery Founders in Teton Valley, Idaho (includes lodging, meals, and entertainment for U.S. based investors only) + 15% bonus shares

$275,000+ Investment - Lower levels plus a snowmobile tour of Yellowstone National Park in winter + 20% bonus shares

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Grand Teton Vodka, Inc. (dba Grand Teton Distillery) will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class N Common Stock at $5.50 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $550. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Inter company debt or back payments. Vendor payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$1,506,326.00 USD
$1,599,420.00 USD
Cash And Cash Equivalents
$7,126.00 USD
$59,821.00 USD
Accounts Receivable
$181,464.00 USD
$251,680.00 USD
Short Term Debt
$66,473.00 USD
$61,890.00 USD
Long Term Debt
$398,945.00 USD
$312,234.00 USD
Revenues And Sales
$1,047,755.00 USD
$1,261,227.00 USD
Costs Of Goods Sold
$555,792.00 USD
$680,240.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$189,595.00 USD
-$99,015.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Grand Teton Private Stock Whiskey

3 days ago

Grand Teton Private Stock Whiskey Straight Corn Whiskey will be the first release of our Private Stock whiskey series. It is a 100% Idaho corn whiskey, milled, distilled, matured, and bottled by us. This is the first whiskey distilled by us and put into a barrel. At time of release, it will be just over 6 yrs old, making it the oldest Idaho whiskey. There is a very limited supply that will be offered to shareholders first, than as an allocation to Idaho and neighboring states.


Grand Teton Malt wins Platinum Award

11 days ago

https://vegasspiritawards.com/awards/

Recently released Grand Teton Malt, our "grain to glass" newest whiskey offering won a Platinum award at Global Spirits competition in Las Vegas in December, 2020.  Grand Teton Malt was made from locally grown and malted barley from a farm in Teton Valley Idaho and aged for 4 years in our award winning Colter's Run bourbon barrels and then finished in a second aging red wine barrel from our friends at Jackson Hole winery. The result is a wonderfully complex and incredibly smooth tasting spirit that is a great sipping whiskey; just the way we like to enjoy a malt whiskey. It is available now at all liquor stores in Idaho and in selected stores by special order in Wyoming. It is also available in our tasting room and liquor store on site. Ask for it at your liquor store.

Show More Updates End of Updates

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