Building Breweries the Saucy Way
Saucy opened in Columbus, OH and Orange Village, OH in 2020. In March 2021, we opened another brewpub in Detroit, MI, along with having plans to continue expansion well into 2023 and beyond.
Brewery has won multiple awards for its beer (2019, 2020 and 2021) and pizza (2017, 2019, 2020 and 2021)
Veterans of crowdfunding! Join over 2,700 investors who have successfully invested in Saucy’s previous Regulation Crowdfunding offering!
Saucy Brew Works was born and brewed in Ohio. We are a Cleveland-based production brewery and brewpub with roots in our hometown that have spread into Central Ohio and Michigan. We are midway through a massive expansion phase that originally included three brewpubs which opened in 2020-21, and now will include an expansive production facility that will double our brewing capabilities and additional brewpubs that cross beyond our state lines.
Our brewery prides itself on creating an environment where people can feel at home. Our mission? To always do the right thing, never sacrifice quality, and always provide for those around us through innovation, education, sustainability and community enhancement.
We use the “pub and spoke” approach; a production facility that supplies smaller, neighborhood-oriented pubs. This is important to us for a number of reasons, and we move forward following a three-step strategy.
First. We want to win in new markets, we believe that planting roots in each neighborhood leads to better traction and awareness than simply distributing beer. In doing so, we aim to amplify the communities we serve and provide unique experiences at each brewpub. We serve a variety of offerings for our beer enthusiasts, novices, and non-beer drinkers alike. As we continue to develop deep roots through our establishments and community partnerships, we will right-size our distribution to drive home the growth within that respective market, later expanding into additional cities and states.
Second. We need to have the ability to deploy our capital efficiently. Data from the Craft Brewer's Association shows that breweries tend to be inefficient when using capital sources to drive incremental changes to brewery infrastructure, which drives up fixed overhead. The real goal of capital deployment needs to be driving top-line growth. We have shown expertise with that, having the majority of proceeds from our previous StartEngine raise go towards geographical expansion.
Third. We invest in the People and Culture. One of the tenants of this raise is to give employees the opportunities and training to continue to advance their careers and take true ownership of our brand. We know that the more we invest in our team, the more they will invest back into their company and help build the communities we call home.
We are the fastest growing brand over the last 52 weeks in Information Resources, Inc. (IRI) sales, which is the "industry" term for grocery store sales, in our home market of Cleveland, leaping us into the Top 5 of highest selling craft breweries that are headquartered in Cleveland. In the entire state of Ohio, we became the fourth-fastest-growing brand over the last year and, sending us into the Top 35 breweries in sales for the entire state of Ohio. We compete with the more regional players in the space today and are heading our way into national territory.
LAUNCHING NEW PRODUCTS + SERVICES
In July 2020, we opened our first Coffeehouse in Orange, Ohio. Saucy Coffee has grown to three locations including Columbus, Ohio, and Detroit, Michigan. We plan to continue the expansion of our full-service Coffeehouse as we continue into new regions and introduce our signature line of packaged Whole Bean Coffee available at all Saucy locations and local grocery stores.
Saucy Coffee launched, which includes:
NATIONAL SPORTS PARTNERSHIPS
COMMUNITY OUTREACH AND DEVELOPMENT
We live by a simple mantra, give until it hurts. Saucy has focused philanthropic efforts and neighborhood initiatives including annual give-back programs, friends and family fundraising, national campaigns, and environmental safety measures.
GEOGRAPHICAL EXPANSION AND INCREASED PRODUCTION
Why are we back? Simple. We want to create more value for our current and potential investors by continuing our expansion into new markets and finalizing the build of our largest production facility to date in Independence, Ohio. Saucy is fully committed to the list of projects below and expects to make significant progress on each of these before the end of 2021.
Above are architectural renderings of the in-process brewpubs. As construction is in-progress, the final buildings may differ from the original renderings.
TOGETHER WE BUILD THE FOUNDATION FOR TOMORROW, BY DOING MORE OF WHAT WE LOVE TODAY.
We launched Saucy Brew Works with the idea in mind that we can build an elaborate brand alongside a vibrant community. We have seen our neighborhoods support us every step of the way, which has only inspired us to find more ways to have our community members become true brand ambassadors and contributing partners of our company.
With an incredible product, team, and support system, we believe that we have the potential materializing at a rapid rate to grow the Saucy Brew Works brand into the next craft beer typhoon. We have our core business model set, and we believe we are on a trajectory of sustainable growth. There is no room for complacency within the culture we've built, so we need you to continue pushing boundaries and driving true success.
A quote that we live by, "Even if you are on the right track, you'll get run over if you just sit there." So here we are, pushing ourselves to keep growing. Join the Saucy State of Mind and come along for the ride!
Saucy Brew Works is an Ohio-based production brewery and brewpub based in Cleveland, Ohio. We are in the middle of a massive expansion phase that began with our Pinecrest and Columbus brewpubs opening in 2020, despite the pandemic, and our Detroit brewpub opening in March 2021. We are also set to start construction on our Independence production facility in 2021, along with getting ready for our Charlotte brewpub construction to start.
Favorite Saucy Beer: Love You, Bye
Favorite Saucy Beer: Habituale
Chief Operations Officer
Favorite Saucy Beer: Festbier
Favorite Saucy Beer: Struggle Bus
Favorite Saucy Beer: Juicy Asap
Head of Design
Favorite Saucy Beer: What's His Nuts?
Maximum Number of Shares Offered subject to adjustment for bonus shares
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.
Saucy Brew Works, LLC
2885 Detroit Ave., Cleveland, OH 44113
Minimum Investment Amount
Class C Units
Minimum Number of Shares Offered
Maximum Number of Shares Offered
Price per Share
*Maximum Number of Units offered subject to adjustment for bonus units. See Bonus info below.
Co-Issuer: Saucy Brew Works SE2 LLC
Address: 2885 Detroit Ave., Cleveland, OH 44113 State of Incorporation: OH
Date Incorporated: April 19, 2021
Investors will make their investments by investing in interests issued by the co-issuer, Saucy Brew Works SE2 LLC, for this offering, which is a special purpose vehicle (“SPV”).
Instead of issuing its securities directly to investors, the Company, Saucy Brew Works LLC, has decided to issue its securities to the SPV, which will then issue interests in the SPV to investors. The SPV has been formed by the Company and is a co-issuer of the securities being offered in this offering. The Company’s use of the SPV is intended to allow investors in the SPV to achieve the same economic exposure, voting power, and ability to assert rights under State and Federal law, and receive the same disclosures, as if they had invested directly in the Company. The Company’s use of the SPV will not result in any additional fees being charged to investors.
The SPV has been organized and will be operated for the sole purpose of directly acquiring, holding and disposing of the Company’s securities. As a result, an investor investing in the Company through the SPV will have the same relationship to the Company’s securities, in terms of number, denomination, type and rights, as if the investor invested directly in the Company.
In order to complete necessary tax filings, the SPV is required to include information about each investor who holds an interest in the SPV, including each investor's taxpayer identification number ("TIN") (e.g., social security number or employer indentification number). To the extent they have not already done so, each investor will be required to provide their TIN within the earlier of (i) two (2) years of making their investment or (ii) twenty (20) days prior to the date of any distribution from the SPV. If an investor does not provide their TIN within this time, the SPV reserves the right to withhold from any proceeds otherise payable to the investor an amount necessary for the SPV to satisfy its tax withholding obligations as well as the SPV's reasonable estimation of any penalties that may be charged by the IRS or other relevant authority as a result of the investor's failure to provide their TIN. Investors should carefully review the terms of the SPV Subscription Agrement for additional information about tax filings.
First 7 days - Friends and family - 10% bonus shares
Next 7 days - 5% bonus shares
Tier 1 - $100 - 5% discount at all brewpubs + a Free Birthday Beer + 10% bonus units for repeat investors* + Investor Day invite (swag and large ticket giveaways included)
Tier 2 - $300 - 10% discount at all brewpubs
Tier 3 - $600 - $2 growler fills (limited to one per day / per investor for one calendar year from the campagin close day)
Tier 4 - $1,000 - 16oz - 4 pack of exclusive StartEngine Investor beer**|*** + 25% off online merchandise
Tier 5 - $3,500 - Quarterly Coffee Shipment***, which includes 1 bag of House Roast and 1 bag Seasonal Roast on each shipment + a Coffee Mug on the first shipment
Tier 6 - $5,000 - Saucy Brew Works LED Sign***
Tier 7 - $10,000 - 10% Bonus Units
Tier 8 - $25,000 - Invitation to Cavs game (investor + guest) with two members of management / ownership****
* Repeat investors must use the same email registered on StartEngine that was used for the original investment.
** Subject to the ability of our third-party partners to ship beer across state lines.
*** Cost of shipping will be passed on to the investor.
**** Travel and lodging expenses not included.
All perks occur when the offering is completed.
Saucy Brew Works, LLC will offer 10% additional bonus units for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. owner's bonus.
This means eligible StartEngine Unit holders will receive a 10% bonus for any units they purchase in this offering. For example, if you buy 100 Class C Units at $1.13/unit, you will receive and own 110 Class C units for $113. Fractional units will not be distributed, and unit bonuses will be determined by rounding down to the nearest whole unit.
This 10% Bonus is only valid during the investor’s eligibility period. Investors eligible for this bonus also will 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
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.
The clock is literally ticking with only 4 hours left to invest. Do not miss your chance. This is your FINAL REMINDER to join the fastest growing brewery in Ohio as we continue to expand our distribution footprint, open brewpubs in new markets, and announce our official 2022 release calendar!
Happy Holidays from the jolliest bunch this side of the brewhouse. This year, we expanded our Saucy family by over 760 new members, and there’s still a few hours left for you to join in the excitement as we get ready for another year of growth, product launches and brewpub expansions. DO NOT MISS OUT!
WOW! We can't thank you all enough for this incredible journey we've been on. But like all good things, this Crowdfunding campaign must also come to an end.
In these final hours of our crowdfunding raise, join Saucy Brew Works as an investor, and help us celebrate another great campaign and a year of incredible growth.
Wishing you all a wonderful holiday and happy new year!
It's hard to believe that our second crowdfunding campaign ends TOMORROW. What a year it's been and we couldn't have done it without all of our friends, family and INVESTORS. With your help we opened three new locations between 2020-2021, and we have even more planned for the upcoming year. If you've been thinking our joining the craft beer industry with a top growing brand, this is your chance!
Coffee tastes better when it’s unlimited. The Saucy Coffee Club is our new and exclusive coffee membership program available for use at Pinecrest, Columbus, and Detroit locations. Coffee fans can join by subscribing to a 6-or 12-month membership – available in two different tiers. Each tier includes a custom 20oz Saucy Coffee Hot/Cold Tumbler which you’ll bring in to have filled. Enjoy your favorite espresso-laden Saucy Coffee drink & help us reduce plastic waste all at the same time.
Unrivaled growth trajectory, new Brewpub and Coffeeehouse locations leveraging our pub & spoke approach, marketing tech, increased distribution - and more! Learn it all on our StartEngine page. Don't miss out while you still have a chance. TWO DAYS LEFT TO INVEST!
Just 5 days until we wrap up our crowdfunding campaign! We cannot be more excited to have you all join the team!
In early 2022, we will be launching a cannabis venture, Saucy Brew Works' new sister brand, Saucy Canna Works. This announcement comes on the heels of a joint venture partnership with Red Workshop to enter the cannabis market. Their expertise in the industry has led us to increased awareness, product development and retail partnerships. In collaboration with our manufacturing partner, One Love Labs LLC, we've been able to develop quality cannabis products which include vape cartridges, pre-rolls, and edibles. These assets are set to debut in Michigan in early 2022 - with plans to expand our sales in additional markets throughout the upcoming year.
This journey stems from our desire to build out our evolving and growing lifestyle brand. Our team is very excited about this launch and thrilled that we can now add cannabinoids into our product mix. Over the past four years, we have been able to continuously provide the highest quality craft beer, coffee and other creative products to our consumers, and are now able to provide that same consumer the cannabis products they are already seeking.
We have seen major growth in our company and the beer industry as a whole over the past four years at Saucy Brew Works. From inception and even through a pandemic, our team has solidified Saucy's position to compete in major retail where most consumers are purchasing their beer. Over this past year in 2021, Saucy has had its highest YOY growth for beer brands in Ohio and the highest growth in the greater Cleveland market (our hometown). We're working towards another year of #1 growth trajectory in 2022, and we hope you'll come along for the ride.
Learn more about our brand, distribution and mission on our StartEngine page.
We're beyond stoked to have hit 3,000+ investors between our first and second StartEngine campaigns. Thank you to all who have joined the Saucy family. If you haven't yet, there's still time!
This party closes in 8 days, don't get caught sleeping.
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.
5% discount at all brewpubs + a Free Birthday Beer + 10% bonus units for repeat investors* + Investor Day invite (swag and large ticket giveaways included)
10% discount at all brewpubs
$2 growler fills (limited to one per day / per investor for one calendar year from the campagin close day)
- 16oz - 4 pack of exclusive StartEngine Investor beer** + 25% off online merchandise
Quarterly Coffee Shipment***, which includes 1 bag of House Roast and 1 bag Seasonal Roast on each shipment + a Coffee Mug on the first shipment
Saucy Brew Works LED Sign***
10% Bonus Units
Invitation to Cavs game (investor + guest) with two members of management / ownership****
Cancel anytime before 48 hours before a rolling close or the offering end date.
How much can I invest?
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.
When will I receive my shares?
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.
What will the return on my investment be?
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.
Can I cancel my investment?
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.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
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.
What is the difference between Regulation Crowdfunding and Regulation A+?
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.