Barrana Corp offering is now closed and is no longer accepting investments.

INVEST IN BARRANA CORP TODAY!

Our burgers sell our beer and our beer sells our burgers.

Barrana Corp is a collective of breweries/restaurants known by State 48 Brewery, across Arizona. Each location has its own style and offerings, and is equipped with a brewhouse, brewpub and scratch kitchen that offer a wide variety of craft beers, ales and food. We’ve got something for everyone!

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$26,765.00 Raised

REASONS TO INVEST

Reasons Icon

Brewery’s sales for 2019 were $9 million for all restaurants, showing growth of 110% from 2018

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Maxed out the capacity of their 10-barrel system in four locations, and looking to open the fifth this year

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The market for craft beer is worth $29.3 billion and craft brewer sales continue to grow at a rate of 4% by volume, comprising 13.6% of the U.S. beer market

ABOUT

HEADQUARTERS

13823 w. bell rd
Surprise, AZ 85374
VALUATION

$20M

Barrana Corp is a collective of breweries/restaurants known by State 48 Brewery, across Arizona. Each location has its own style and offerings, and is equipped with a brewhouse, brewpub and scratch kitchen that offer a wide variety of craft beers, ales and food. We’ve got something for everyone!

TEAM

Mario Rana
Mario Rana
President, CEO

Mario Rana started in the restaurant industry early on by being born into the business. After attending the School of the Streets Mario started his employment career as a union laborer working 9 years as a interior demolition expert in The World Trade Center in downtown Manhattan. By 30 years old Mario's entrepreneurial drive took him back into the restaurant world where he started and owned a 20,000 square foot night club, live entertainment and restaurant in N.Y.C. In 1996 Mario moved his family to Arizona where he started construction companies, and recycling businesses. Mario built his construction and recycling company into the second largest private construction debri company in Arizona. " It's in your blood" The desire to get back into the restaurant business began in 2008 with the opening of Irish pubs, Italian Fine dining, sports bars and American comfort food restaurants. In 2016 Mario decided to venture into the Beer brewing industry. Today Mario along with his wife of 36 years and their sons run the family restaurant businesses, breweries and a bowling alley. Mario has combined his life experiences and knowledge by focusing his construction company on the build outs of start up restaurants and the remodeling and tenant improvements for other restaurant operators. As well as other residential and commercial projects.

Angela Rana
Angela Rana
Secretary , CFO

After raising her four sons Angela entered the workforce as an assistant church administrator. After 2 years with Blessed Sacrament Church Angela joined her husband in building and operating the family businesses. Angela's strengths have always been in handling the finances of the companies as well as human resources. Angela has a strong culinary passion and has attended culinary school in Calabria , Italy. Angela has a strong eye for talent and has trained and developed the team members that have the most loyalty and longevity with the companies. Today Angela could run a company with as much ease as she could run a commercial kitchen, she has the confidence knowing that she has the experience and vast background and history to crossover into any hospitality industry as well as certain construction related businesses.

TERMS

Barrana Corp
Overview
PRICE PER SHARE
$5
DEADLINE
Jan 15, 2021
VALUATION
$20M
AMOUNT RAISED
$26,765.00
Breakdown
MIN INVESTMENT
$250.00
MAX INVESTMENT
$1,070,000.00
MIN NUMBER OF SHARES OFFERED
2,000
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
214,000

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

Barrana Corp.

Corporate Address

:

13823 w. bell rd, Surprise, AZ 85374

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

2,000

Maximum Number of Shares Offered

:

214,000

Price per Share

:

$5.00

Pre-Money Valuation

:

$20,000,000.00











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 regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).

Expedited closing sooner than 21 days

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 August 31, 2020, 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).

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Early Bird

Friends and Family - First 72 hours | 15% bonus shares

Super Early Bird - Next 72 hours | 10% bonus

Early Bird Bonus - Next 7 days | 5% bonus shares

Company Perks*

$500+ (Tier 1 perk) Special edition VIP hat

$1,000 (Tier 2 perk) Special edition Brewers shirt embroidered with your name and VIP hat

$2,500+ (Tier 3 perk) Special edition embroidered shirt, VIP hat, metal wall sign, 20% discount online merchandise orders, monthly beer club membership ( free six pack or growler or 2 crowlers ) in store pick up only

$5,000+ (Tier 4 perk ) Everything listed above and a $500 gift card 

$10,000 (Tier 5 + 10% bonus shares) everything listed above and a investors club card for 10% discount on food and beverage purchases forever 

$25,000+ ( Tier 6 + 10% bonus shares) everything listed above and a 2 tap kegerator with your two keg choices of any beer ( slims) in our inventory plus 1 replacement slim every 3 months forever.

*All perks occur when the offering is completed.

The 10% Bonus for StartEngine Shareholders

Barrana Corp. 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 common stock at $5/ share, you will receive and own 110 shares for $500. 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 will not incur any irregular use of proceeds.

PRESS

Article Image
7 locally-owned restaurants, breweries want the West Valley to go off the chain

If you couldn't tell by name that State 48 Brewery specializes in beer, the kegs lined up near the entrance or the black-and-yellow color scheme give it away.

Article Image
Arizona breweries with plans to open or expand in 2018

Owner Mario Rana has two big projects this year. He's opening a second brewery in downtown Phoenix and a third brewery, State 48 Barrel & Lager House, in Scottsdale.

Article Image
Beer Hunting in the Valley of the Sun

f you are headed south for Spring Training, you’ll likely opt to stay somewhere on the west end of the valley, probably in Peoria or Surprise. If you do, get familiar with State 48 Brewery right away.

Article Image
Does the arrival of a craft brewery really signal a neighborhood revitalization?

For most of his life growing up in Surprise, Arizona, Dylan Frank says there was “nothing to do.” Then, in 2016, when State 48 Brewery opened its doors, it was as if they brought an entire social scene with them. “The brewery came in and all of a sudden everyone would go there.”

Article Image
New State 48 Brewery and Brewpub Coming Soon to Downtown Phoenix

There's a new brewery coming to downtown Phoenix.

ALL UPDATES

12.11.20

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Barrana Corp offering. Here's an excerpt describing the specifics of the change:


Barrana Corp is extending their campaign by 30 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

10.13.20

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Barrana Corp offering. Here's an excerpt describing the specifics of the change:


Barrana Corp extended their campaign for 60 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Barrana Corp.

$250.00

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.

$500.00

Tier 1 perk

$500+ Special edition VIP hat

$1,000.00

Tier 2 perk

$1,000 + Special edition Brewers shirt embroidered with your name and VIP hat

$2,500.00

Tier 3 perk

$2,500+ Special edition embroidered shirt, VIP hat, metal wall sign, 20% discount online merchandise orders, monthly beer club membership ( free six pack or growler or 2 crowlers ) in store pick up only

$5,000.00

Tier 4 perk

$5,000+ Everything listed above and a $500 gift card

$10,000.00

Tier 5 + 10% bonus shares

$10,000 + everything listed above and a investors club card for 10% discount on food and beverage purchases forever

$25,000.00

Tier 6 + 10% bonus shares

$25,000+ everything listed above and a 2 tap kegerator with your two keg choices of any beer ( slims) in our inventory plus 1 replacement slim every 3 months forever.

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDS

We want you to succeed and get the most out of your money by offering rewards and memberships!

SECURE

Your info is your info. We take pride in keeping it that way!

DIVERSE INVESTMENTS

Invest in over 200 start-ups and collectibles!

With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.

At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.

Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.

StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

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Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

RAISED
$26,765.00
INVESTORS
55
MIN INVEST
$250.00
VALUATION
$20M

@ 2022 All Rights Reserved

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