GET A PIECE OF RIVER GLEN
Unique and Distinguishable Spirit Brands
$102,525.90 Raised
REASONS TO INVEST
We help our Gold Medal 92-point-rated Bourbon stand out in the spirits market through established distribution relationships and informed sales and marketing analytics that come with our team’s 100+ years of combined experience.
Our customers include Citadel Beverages, BevMO, SEG (Winn-Dixie), Liquor Barn, Binnys, Total Wine & More, GoPuff, ABC liquors, Kappys, and Kroger.
Our Kentucky 10 Bourbon has achieved over $1,125,000 in revenue in its first full year, and we are preparing to launch our new Flavored Bourbon product in the spring of 2023.
The PITCH
Launching Outstanding Spirit Brands Through Our Network of Key Distributors
At River Glen, our mission is to create unique and distinguishable brands that will leave a lasting legacy in the spirits industry. Our team brings 100 years of combined experience in the spirits industry and established relationships with key distributors and chains. Our first product is our Kentucky 10 Bourbon, now available in 19 states. In Kentucky 10's first full year of launch, the bourbon earned over $1,125,000 in revenue and received a Gold Medal 92-point rating from the esteemed Beverage Testing Institute. Now, we are preparing to launch our new Flavored Bourbon product and to expand sales into new states.
PRODUCT AND BUSINESS MODEL
Helping High Quality Brands Stand Out in the National Market
There are many barriers to entry in the spirits market, and smaller, high-quality brands can often struggle to navigate the national market. We offer the agility, partnerships, and experience to bring these items to market efficiently and successfully.
How it works: We partner with the distillery where we buy the corn from 10 local farmers to distill, produce, and bottle Kentucky10 Bourbon to precise specifications. We believe this agreement ensures that we have the highest quality Kentucky Bourbon at the levels that we need to grow our business to meet consumer demands. We work with Citadel Beverages to sell the product to wholesalers throughout the country. They then sell through distributors such as Breakthru Beverage, RNDC, Horizon Beverages, Athens Distributors, General Wholesale, General Wine and Spirits, Monsieur Touton, Johnson Brothers, and Southern Crown, among others.
The Market & Our Traction
Expanding Sales in Multiple Major Markets
As we grow, we target the states with the largest markets for spirits. Kentucky 10 is currently available in the following markets: FL, GA, SC, TN, KY, IL, TX, MO, MA, MI, ND, SD, MN, IA, CA, NY, and NJ. We plan to launch in NH, KS, and Jamaica in March and WI in May, followed by AZ, CO, and NV in the fall.
Kentucky 10 Bourbon has launched into several states creating over $1,125,000 in revenue since March 1, 2022, with 5,000 cases (60,000 bottles) sold for $225 each. We are shipping to key chain retailers in the USA such as BevMO, SEG (Winn-Dixie), ABC liquors, Kappys, Liquor Barn, Binny's, Total Wine & More, GoPuff, and Kroger.
Kentucky 10 Bourbon received a Gold Medal 92-point rating from the esteemed Beverage Testing Institute, a 30-plus year world-renowned rating firm that utilized double-blind taste tests for extreme accuracy.
Why Invest
Positioning Brands for Maximum Success
Our 100+ years of combined experience in the spirits industry gives us the key strategic relationships and know-how to launch our high-quality products in national markets. This raise will enable us to expand our production, marketing, and staffing. We will focus on growing our distribution network, especially in strong markets already driving re-orders. We will also launch our flavored whiskey item in the coming months.
Join us as we continue to build on the early success of Kentucky 10 Bourbon and more innovative spirit brands to come.
ABOUT
HEADQUARTERS
14545 S Military Trail J190
Delray Beach, FL 33484
WEBSITE
View Site
River Glen brings top quality items to market in profitable, educated and nimble ways. Our Kentucky 10 Bourbon has launched in 17 states, earning over $1,125,000 in revenue in the 2022 calendar year.
TEAM
Brendan Feeley
Founder & Chief Executive Officer
Lawrence M Sheppard
EVP of Sales
Larry works 40 hours per week for River Glen Cocktails, Inc.
TERMS
River Glen
Overview
PRICE PER SHARE
$2.21
DEADLINE
Jul 26, 2023
VALUATION
$12.52M
FUNDING GOAL
$15k - $1.23M
Breakdown
MIN INVESTMENT
$351.39
MAX INVESTMENT
$1,234,998.83
MIN NUMBER OF SHARES OFFERED
6,787
MAX NUMBER OF SHARES OFFERED
558,823
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Class B Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives & Bonuses*
Time-Based Perks
Friends and Family - First 72 hours | 10% bonus shares
Super Early Bird - Next 72 hours | 10% bonus shares
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume-Based Perks
Tier 1 Perk — Invest $500+ and receive a Kentucky 10 Hat
Tier 2 Perk — Invest $1000+ and receive a Kentucky 10 Hat and Tshirt
Tier 3 Perk — Invest $5,000+ and receive a Kentucky 10 Golf Shirt, two hats and two t-shirts.
Tier 4 Perk — Invest $10,000+ and receive 2 cases of Kentucky 10 Bourbon 4 Golf shirts and two hats + 5% bonus shares
Tier 5 Perk — Invest $25,000+ and receive 6 cases of Kentucky 10 Bourbon 6 golf shirts, 6 hats, 6 t-shirts and a Kentucky 10 bartender party + 10% bonus shares
Tier 6 Perk — Invest $50,000+ and receive 18 cases of Kentucky 10 Bourbon and brand owner distillery tour and tasting + 15% bonus shares
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
River Glen Cocktails, Inc. 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 B Common Stock at $2.21 / share, you will receive 110 shares of Class B Common Stock, meaning you'll own 110 shares for $221. 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 investor's 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 canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
Nevil DSouza
3 months ago
I think you should offer 1 Kentucky 10 bottle for $500 and above investors. Smiley face.
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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Croix Thompson
2 months ago
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