INVEST IN SAUCY BREW WORKS TODAY!
Building a brewery the Saucy Way
$1,025,448 Raised
ABOUT
HEADQUARTERS
2885 Detroit Ave.
Cleveland, OH 44113
WEBSITE
View Site
Saucy Brew Works is an Ohio-based production brewery and brewpub in sunny Cleveland, Ohio. We are embarking on a massive expansion phase that includes three more pubs and a production facility to support our growth.
TEAM
Brent Zimmerman
CEO, Co-Founder and Managing Member
Matt Shubeck
Chief Operations Officer
Eric Anderson
Chief Brewing Officer and Co-Founder
TERMS
Saucy Brew Works
Overview
PRICE PER SHARE
$1
DEADLINE
Dec 24, 2020
VALUATION
$82.43M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$100
MAX INVESTMENT
$1,070,000
MIN NUMBER OF SHARES OFFERED
10,000
MAX NUMBER OF SHARES OFFERED
1,070,000
OFFERING TYPE
Equity
ASSET TYPE
Units
SHARES OFFERED
Class C Unit
Maximum Number of Shares Offered subject to adjustment for bonus shares
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 units offered subject to adjustment for bonus units. See Bonus info below.
Company Perks*
Early Bird
Friends and Family Bonus - First 72 hours receive 10% bonus shares
Early Bird Bonus - Next 7 days hours receive 5% bonus shares
Tier 1 | $100
- One bottle of beer from our barrel aged program**
- Free Saucy Brew Works draft beer on birthday
- Free tour of the Cleveland Brewery
- 5% off at Saucy Brew Works taprooms
Tier 2 | $250
- 10% discount on all Saucy Brew Works merchandise
- Saucy Brew Works tin tacker
Tier 3 | $500
- 10% off Saucy Brew Works taprooms
- Annual 6-pack of beer released only to investors**
- 20% discount on all Saucy Merchandise
- Custom Saucy Brew Works hoodie
Tier 4 | $1,000
- Free online shipping for one year
- $2 growler fills for one year
Tier 5 | $3,500
- $500 tab at a Saucy Brew Works taproom
- Saucy Brew Works LED sign
Tier 6 | $5,000
- Invitation to Annual Investors Meeting and “Meet and Greet” with the Founders
- Custom Saucy Brew Works cooler
Tier 7 | $10,000
- 4-hour private event at a Saucy Brew Works Taproom, including a $500 tab
Tier 8 | $25,000
- Invitation to a Cleveland Cavaliers home game in a suite with the Saucy Brew Works ownership group
Tier 9 | $50,000
- Saucy Brew Works “Brewer for a Day” experience
* All perks are redeemable only after the offering is completed.
** Reward can be ONLY be picked up at the Cleveland Saucy Brew Works taproom or shipped to Ohio and Kentucky.
The 10% Bonus for StartEngine Unit Holders
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 $1.00/unit, you will receive and own 110 Class C units for $100. 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
The Company will not incur any irregular use of proceeds.
PRESS
Tips collected in virtual jar for Cleveland restaurant workers
Saucy Brew Works, in partnership with Code Red, started clevelandtips.com. The virtual tip jar has 1,500 industry workers already listed online. The tip jar works two ways: people can tip a random employee or patrons can look for their favorite server or bartender on the site
ALL UPDATES
06.08.21
Saucy Brew Works Launches a Second Crowdfund Raise!
Link: https://www.startengine.com/saucy
You probably already know that Saucy Brew Works is in the middle of a major expansion phase. Throughout the past year we’ve opened three locations including a taproom in Orange, Ohio and two Brewpubs in Columbus, Ohio, and Detroit, Michigan. We are planning to continue expanding and have recently signed on to launch a brewery and brewpub in Charlotte, North Carolina. We will also break ground on our largest endeavor to date – a colossal production facility and beer garden in Independence, Ohio next door to Top Golf!
We reaching out to let you know that once again, we’ve decided to bring our friends, family, and fans into the fold and have reopened our crowdfunding efforts with Start Engine. Through this raise, we’re able to offer equity shares in the business which results in a larger brand community, loyal brand ambassadors, more job opportunities as we expand into new markets, and ventures outside of our original scope (such as our coffee brand launched in 2020).
Unlike many organizations throughout 2020-21, we’ve reached optimal growth in IRI reporting, and YOY sales including distribution and our restaurants. We’ve developed e-commerce platforms and apps, and we have received several awards for our community efforts, brewery, and kitchen. We don’t plan on slowing down, and we invite you to join in the excitement.
Prior to our full launch, we’re offering “Early Bird” perks to our prior investors, which allows you to get bonus perks. If you invest in the first week, Saucy Brew, Works LLC will offer additional bonus units for all investments in the first days of our launch.
03.05.21
DETROIT SNEAK PEAK & OPENINGS
02.24.21
Saucy Brew Works Detroit - Opening Postponed
Due to conflicts outside of our control, we will not be opening Saucy Detroit on March 3rd.
The Grand Opening at 2671 John R St. will be as soon as we are allowed to do so and we will keep you all up to dated as the process resolves itself.
We can't wait to share our beer with you, Detroit! We're raising up our (much-needed) glass to you.
02.01.21
Let's Go Nuts Party - THIS SATURDAY - February 6th
The first annual Let's Go Nuts party, our first annual What's His Nuts? Variant Party, will be this Saturday, February 6th. We are releasing 5 limited editions of our seasonal favorite, What's His Nuts? to taste along with the newly released Numb Nuts - Imperial Stout, and What's His Nuts? Salted Caramel Edition that was brewed in partnership with Heinen's of Northeast Ohio.
The tap takeover will begin at 11:00 AM at all Saucy Brew Works locations - CLE, CBUS & PINECREST. Each SBW Exclusive variant will be pouring from limited supply, so be sure to try them all while they're here! Once we're out, we're out. The variants will be available in sample pours only, while the seasonals will be available in full pours.
We will have six packs of the original What's His Nuts? and four-packs of Numb Nuts and What's His Nuts? Salted Caramel Edition for you to bring home to family and friends to share, as well as our bags of our What's His Nuts? whole bean coffee for sale!
01.26.21
Detroit Grand Opening Date Announced!
FINALLY! The announcement you have all been waiting for! Saucy Brew Works - Detroit will have its grand opening on March 3rd, 2021!
Take a quick read from the The Detroit News below, along with the links to our Saucy Brew Works Detroit pages as well:
The Detroit News Article: News Article
SBW - Detroit Homepage: SBW Page
Social Media Channels: Facebook | Instagram
01.06.21
Update on Perks
Now that the campaign is closed, we have started to receive a lot of questions on when the perks will be shipped. We are working on all of that now. As many of you saw, our campaign exploded in the last week whereas we picked up 700+ investors in the last 10 days of the campaign! So we had to up all of our purchase orders and the remaining merchandise perks will take a few more weeks to get here. Our goal is to get these all out as quickly as possible.
Secondly, we had a question come in regarding birthday beers. We will start to honor those immediately. To redeem, we ask you bring the following to the brewpubs with you: 1) Proof of investment, i.e. either the stock certificate or investor card once received AND 2) Valid I.D. (i.e. driver's license). We will allow for you to redeem your birthday beer at any point during the month of your birthday.
We cannot thank you enough for all of your investments and we cannot wait to meet all of you soon!
12.23.20
FINAL HOURS TO INVEST IN SAUCY BREW WORKS!
The countdown is on. The clock is running out. Less than 18 hours left to invest. Just under $18,000 to hit our final goal. We know you all won't let us down!
Once we hit that goal, hopefully you will all be as happy as this guy, our Accounting Manager, looks when he gets to drink beer during the day!
12.22.20
ONE MILLION DOLLARS RAISED!
You guys did it, ONE MILLION DOLLARS RAISED! Thank you to you all. We promise to put this money to good work and know we will continually drive to help create value with your investments. So with that being said, we took a quick beer break this afternoon to celebrate this milestone and celebrate all of you. Bottoms up and lets finish this raise strong!
12.22.20
SAUCY BREW WORKS CAMPAIGN CLOSES TOMORROW, DECEMBER 23RD!
We are closing in on our MILLION DOLLAR CHALLENGE and are just overwhelmed by the momentum we have seen in the last 3 days. So while we have seen amazing progress, lets finish this. There are LESS THAN 48 HOURS for you to join our new group of 2,400+ investors and officially become part of the Saucy Posse!
For the 1,700+ who are following our page but who have not yet invested, what questions do you have? We will happily answer anything and everything that we can. Don't miss you while you still have a chance. The campaign closes tomorrow, so ask away! This group of people will forever be thankful!
12.19.20
Saucy Brew Works takes Two Bronze Medals! | 4 DAYS LEFT TO INVEST
We got some exciting news this morning! Two of our beers took the bronze medal at the 2020 Ohio Craft Brewer's Cup! B.F. Hefe took the medal in the Wheat Beer category, while That's My Jam took the medal in the Fruit Beer category. Check out the final results here (https://www.ohiocraftbrewerscup.com/2020).
Thanks to all of the judges and competitors for submitting the beer and making this contest happen with everything going on in the world. Looking forward to 2021!
Remember. ONLY 4 DAYS LEFT TO INVEST!
REWARDS
JOIN THE DISCUSSION
0/2500
paul hoffman
1 INVESTMENTS
7 months ago
I invested several years ago and no K1 to file and no profits or dividends. Do you plan on giving your investors a profit or was it all a GO FUND ME. Just wondering if I should write off it all as a loss and move on or if you ever intended to pay your investors. Signed a disappointment investor.
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Calvin Banks Jr.
9 months ago
Hey there, I have my original investor app installed but for some reason I have been logged out. Can someone reach out to me via email banks_calvin73@yahoo.com to help refresh my information. I need my investor portal info C. Banks/Katy,tx?
0
0
John Brown
1 INVESTMENTS
a year ago
Ok Saucy Brew I still haven’t seen some of the items I was supposed to get after signing up to invest .. like my annual 6 pack of beer . I know that a company that is still growing rapidly usually won't pay dividends because it wants to invest as much as possible into further growth. With your fast growing expansion people are looking to see a return on the money that has been invested . With the growth you have you can buy back some shares
Put it out there and let the investors decide
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Andrew Reynolds
1 INVESTMENTS
a year ago
Is there any update on when 2021 K-1 tax documents will be sent out? Thanks
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5
Andrew Kiko
1 INVESTMENTS
a year ago
Two Questions.
1) When will 2021 K1's be issued?
2) When will annual investor perks be distributed? IE: 6 pack from tier 3
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4
Terrence Harper
1 INVESTMENTS
2 years ago
What is my 1$share I purchased 1year ago equals today? Still want to hold just curious , what is my shares worth an can I sell??
3
0
Troy Stamm
1 INVESTMENTS
2 years ago
Brent. I was thinking about New Years eve at Saucy Detroit and Red Wings game...Are they planning anything?
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Kevin Allen
5 INVESTMENTS
2 years ago
How do I fix my investment in incomplete from Dec 2020?
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0
Richard Dixey
3 INVESTMENTS
2 years ago
I was supposed to receive beer and a special limited beer for investors. At that time, I tried to rider and couldn’t for whatever reason. I emailed you and the “contact us” vendor email and never got a reply. Afterwards, I tried again and it started you don’t ship to Massachusetts. I can’t get the perks nor received a response from you. Now what Saucy?
2
1
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Raymond Marine
a month ago
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