Saucy Brew Works

Building a brewery the Saucy Way

Saucy Brew Works

Building a brewery the Saucy Way

Cleveland, OH
Food & Beverage
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.

$232,450

raised
470
Investors
80
Days Left
$1.00
Price per Share
$82.4M
Valuation
Equity
Offering Type
$100.00
Min. Investment

$232,450

raised
470
Investors
80
Days Left
$1.00
Price per Share
$82.4M
Valuation
Equity
Offering Type
$100.00
Min. Investment

Bonus Rewards

Get rewarded for investing more into Saucy Brew Works

$100+
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.
$100+
Investment
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
$250+
Investment
Tier 2 | $250
10% discount on all Saucy Brew Works merchandise Saucy Brew Works tin tacker
$500+
Investment
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
$1,000+
Investment
Tier 4 | $1,000
Free online shipping for one year $2 growler fills for one year
$3,500+
Investment
Tier 5 | $3,500
$500 tab at a Saucy Brew Works taproom Saucy Brew Works LED sign
$5,000+
Investment
Tier 6 | $5,000
Invitation to Annual Investors Meeting and “Meet and Greet” with the Founders Custom Saucy Brew Works cooler
$10,000+
Investment
Tier 7 | $10,000
4-hour private event at a Saucy Brew Works Taproom, including a $500 tab
$25,000+
Investment
Tier 8 | $25,000
Invitation to a Cleveland Cavaliers home game in a suite with the Saucy Brew Works ownership group
$50,000+
Investment
Tier 9 | $50,000
Saucy Brew Works “Brewer for a Day” experience

Reasons to Invest

Downtown Cleveland Brewpub voted best Brewery in 2019, along with best Pizza in Cleveland 2017, 2019 and 2020. We are also expanding to 4 more locations by the end of 2021
Official Craft Beer Partner of the Cleveland Cavaliers and Cleveland Monsters
Craft Beer Market is a $29.3B industry with Saucy experiencing 41% YOY barrel growth in 2019

WELCOME TO THE SAUCY STATE OF MIND

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 brewpubs and a production facility to support our growth.


Above all Saucy is built on its people; The Saucy Posse, as we call it. Together we focus on superior quality products, imaginative beer, food, and culture. We invest in our talented associates and in the absolute best process technology. We’ve put in place philanthropic efforts that support local schools, our precious water supply, hospitals, and employees in need due to trying life circumstances.

One guy knows beer, One guy knows business, and they’re both handsome

Brewmaster Eric Anderson and entrepreneur Brent Zimmerman, both long time craft beer fanatics, teamed up and went to work transforming the Steelman Building in Cleveland, Ohio. The goal, to create and grow a brewery and business rich with passionate people innovating on a daily basis.

Startup breweries can be underfunded, undersized, and under planned

We didn’t want a frankensteined brewhouse in a dusty, hot warehouse, with no business plan. Solid beer culture and quality production require a stacked bench of talent and the most innovative technology to deliver consistent products and positive experiences. Breweries are a melting pot of creativity, science, mechanics, business savvy, and teamwork. To continue to grow a business that flourishes from each skill set and asset, the list of demands is long.

We wanted to do things our way. The Saucy Way.

When we first began to conceptualize our dream brewery the top of the page read “the best or nothing.” We bought the number one brewhouse in its size class, a 20 hL 3 vessel German-made BrauKon, and built its surrounding pub in the same fashion from stainless steel draft lines, to industrial design, and experimental menus. Simply put, our solution is never compromising quality in order to offer consistent beer and experiences that our consumers have been craving.

Rated Cleveland’s 2019 Best Brewery, Just One of Many Awards

We were chosen as the best brewery in Northeast Ohio as voted by Cleveland.com in 2019. 75 breweries were a part of the competition that included trained judges who Facebook Live graded each competitor's beer that had entered. We are a Top 10 dollar growth brand in Information Resources, Inc. (IRI) sales, in our home market of Cleveland, through all of 2019. Additionally, we are a Top 50 Craft brand, in IRI sales, in all of 2019,  for the whole state of Ohio.

Our beers win awards...


  • Bronze Medal - Cleveland Oktoberfest - IPA ASAP, 2019
  • Bronze Medal - Cleveland Oktoberfest - FESTBIER, 2019
  • Bronze Medal - King of Ohio - LOVE YOU, BYE, 2019
  • Cleveland Advertising Awards: Gold Medalist - Dead Nuts Poster Series, 2018

We have made a home for ourselves in Ohio where we have expanded rapidly. Our tasty suds now span the entire state of Ohio from a distribution standpoint, through our local distributor House of LaRose, Inc. and our more recent partnership with Heidelberg Distributing Company.


...and so does our brew pub. 


  • Silver Spoon Awards: Best Pizza in Cleveland, 2017, 2019, 2020
  • Cleveland.com's Best Brewery in Cleveland 2019
  • Silver Spoon Awards: Best Brewery in Cleveland Runner-up 2020

Proud Craft Beer Partner of the Cleveland Cavaliers

  • Saucy Brew Works South Pub: In 2019 we opened the South Pub inside of the newly transformed Rocket Mortgage FieldHouse.  The 1,500 square foot space features an over 50-foot bar made of a solid wood Antique American Oak counter and provides a view of the Cleveland Indians ballpark Progressive Field across from the arena. 
  • Game Day Engagement: We can be seen throughout the arena and surrounding the court during Cleveland Cavaliers basketball games
  • NBA Draft Parties: Each year Saucy host's an annual NBA Draft Lottery Watch-Party with the Cleveland Cavaliers for the best fans in The Land!
  • Entertainment: Saucy hosts various watch parties throughout Northeast Ohio with appearances by the Cavs Entertainment Teams and Mascots
  • Cleveland Cavaliers 50th Anniversary: We brewed the Golden Saison in 2019 for the grand reopening of Rocket Mortgage FieldHouse and in honor of the Cavs Golden-year season


Year Round & Seasonal Offerings


Over the past year, we have launched a new distribution partnership that allows us to distribute our beers outside of the original nine counties covered by House of LaRose, Inc.. Our new distribution partner, Heidelberg Distributing Company, services over 27,000 accounts statewide in its craft division. This relationship should enable us to reach the full 75% of the population of Ohio, we previously were not effectively reaching with plans to enter the Sandusky and Cincinnati areas very soon. The potential reach is over 30,000 customers!

We use the “pub and spoke” approach; a production facility that supplies smaller, neighborhood oriented pubs. In order to make clean, repeatable beer we had to invest in the best technology, an investment not many start up breweries make. We continue to follow this model in an effort to never compromise the quality of our product. With our brewpubs we plant roots in the community; the community in which we invest and from which hire. This approach helps drive production sales in each market we join.


Saucy is a Beer Manufacturer, Brew Pub, and Community Partner

The Beer

Ohio’s three-tier distribution network allows us to spread our beer love to restaurants, concert venues, bars, and local and regional retail and grocery stores, including Whole Foods Market, Giant Eagle, Heinens, and more on a limited basis. Our goal is to include state-wide relationships with Kroger and Meijer in 2020/2021.  We have a team of four seasoned sales professionals who share a passion for beer. With a breadth of experience pulled from several industries, and a drive to build great relationships, our team creates positive brand experiences in the marketplace. You can find where our beer is sold here.


The Brew Pub

Each of our pubs garner 16+ draft lines, hand-crafted cocktail menus, and full kitchens where we craft New-Haven inspired pizza and a full menu of appetizers and entrees. Our goal is to deliver an amazing experience to everyone who shares a drink or a slice with us. As we add more brew pubs and taprooms, we plan to continue growing our offerings with new menu options, event and membership programming, the list goes on.

The Community


We live by a simple mantra, give until it hurts. Saucy has focused philanthropic efforts including an annual give-back programs, friends and family fundraising, national campaigns, and environmental safety measures. 



In response to COVID-19, our team prepared thousands of meals weekly in partnership with the Cleveland Clinic to provide meals for their staff's families, launched the Cleveland Tip Jar, and began giving free pizza slices to anyone in need of a fresh meal. 


The Beer Market

(Small & Independent U.S. Craft Brewer 2019 Growth in the Beer CategoryBrewers Association)


In 2019, the Craft Beer sector increased Production Volume by approximately 4%, reaching its largest volume share of 13.6% of the U.S. Beer Market. This equates to roughly 26,347,950 Barrels Produced by Craft Brewers in 2019. 


Craft Beer Retail Dollar Value increased 6% in 2019, up to $29.3 billion accounting for more than 25% of the $116.0 billion U.S. Beer Market (source)


Taprooms are beginning to take on a new role in the beer sector in terms of sales and openings. The trend of opening breweries continued in 2019, with an additional 942 openings. Concurrently, there was a 7% growth of Small Brewing Direct Jobs in 2019, 161,007 total. 

Our Market Takeover


Saucy significantly outperformed the overall market by growing production approximately 42% in 2019, increasing significantly in response to a new distributor partnership and greater awareness throughout the state of Ohio. 


The notion of the taproom, growing as a large sector of beer sellers, helps support the Company’s expansion plans in 2020 and beyond. With the addition of three brewpubs and a taproom as well as greater production spaces Saucy plans to produce an increase volume by over 80% in 2020. 

From Wall Street to breweries, Saucy co-founders are the masters of many fields

Saucy was built by two people who share a love for craft beer. Co-founder, Brent Zimmerman’s background was investing. He’s spent his years working for a large mutual fund company, taking on Wall Street investment firms, and owns a long/short Credit Hedge Fund.  After an idea sparked leading to a brewery in the making, he found Eric Anderson, co-founder of Saucy, highly-experienced brewer and biologist. 


Together they work extremely well as a team, filling in each other's gaps, and learning from each other. Between the two, they have decades of experience that lends to building a business in a growing industry. From corporate finance experience, institutional management of billions of dollars of assets and deep understanding of the capital markets, to biochemics, machinery and expertise in various beer recipes and generation, these two have created a business that goes beyond the simple startup. 

We are ready

Saucy has already shown we can make beer and provide a customer experience that can hang with the best of 'em. We pride ourselves in good, beer, good times, and a Saucy atmosphere. 


Now that we have our foundation set, we believe we will be on a trajectory of sustainable growth. Between our geographical expansion, our new distribution relationships in place, and our excellent staff, we would love for you to join the Saucy Posse. 


While we know there is a lot of hard work remaining, our team is ready to make the Sauce.   

Cleveland-Pinecrest

Columbus

Detroit

Independence

Above are architectural renderings of the in-process brewpubs. As construction is in-progress, the final buildings may differ from the original renderings.  

In the Press

Tips collected in virtual jar for Cleveland restaurant workers
March 30, 2020

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

Cleveland’s Saucy Brew Works has terrific pizzas to go along with its tasty beers | Restaurant review
January 16, 2020

Newspaper review of the beer, pizza and atmosphere of Saucy Brew Works.

Cleveland brewery offers beer for a penny to all emergency responders, health care and service industry workers
March 20, 2020

Saucy Brew Works has started to offer penny six-packs to first responders to the Cornonavirus pandemic.

Offering Summary


Company

:

Saucy Brew Works, LLC

Corporate Address

:

2885 Detroit Ave., Cleveland, OH 44113

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$100.00











Terms


Offering Type

:

Equity

Security Name

:

Class C Unit

Minimum Number of Shares Offered

:

10,000

Maximum Number of Shares Offered

:

1,070,000

Price per Share

:

$1.00

Pre-Money Valuation

:

$82,430,000.00











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 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.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$4,722,863.00 USD
$5,056,480.00 USD
Cash And Cash Equivalents
$211,029.00 USD
$542,660.00 USD
Accounts Receivable
$36,485.00 USD
$9,663.00 USD
Short Term Debt
$980,097.00 USD
$967,120.00 USD
Long Term Debt
$1,022,303.00 USD
$633,481.00 USD
Revenues And Sales
$2,954,555.00 USD
$2,352,396.00 USD
Costs Of Goods Sold
$3,297,969.00 USD
$2,694,067.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$2,229,880.00 USD
-$2,410,892.00 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

Pinecrest Opening and Campaign Update

2 days ago

We are thrilled to announce that our Pinecrest taproom and coffeehouse will be open TOMORROW, JULY 3RD! Thank you to all of our fellow craft beer lovers and our investors who helped make this happen. We look forward to sharing a beer with all of you soon! Take a look at some of our pre-opening pictures below…

PS: Only 24 hours left to receive our early-bird bonus! Don’t miss out on your chance to invest with Saucy and pick up the awesome perks while doing so! We are so lucky to have 400+ new partners in our business and we can’t wait to have you on board!

Early-Bird and Brewpub Update

9 days ago

Welcome to all of our new members of the Saucy Posse! We are excited to have the 70+ of you all as part of the team and as our new brand ambassadors!

For those who have not yet joined, keep in mind you have approximately 24 hours left to receive the Friends and Family Early-Bird Bonus. We welcome you to ask any questions you may have in the comments section below!

 A quick update on the Cleveland brewpub for those who are local. This Friday, June 26, two of our most requested summer brews return. Dank The Tank, our IPA with Tangerine and Peach, is tropical, thirst quenching and packed with sweet purée. And, Don’t Stop Wit It Wit It, our version of a  Belgian-style White Ale, features a Saucy twist by adding soft Coriander and refreshing Tangerine. See our Instagram post for more details: https://www.instagram.com/saucybrewworks

Welcome to the Saucy State of Mind

10 days ago

We're thrilled to announce that our equity crowdfunding campaign is live on StartEngine! Many of you are familiar with Saucy Brew Works and what we’re looking to achieve - new brewpubs, a large production facility, coffee houses and so much more. In order to keep moving forward, we've created our first ever equity crowdfunding campaign which allows all our friends, fans and customers to be minority owners! As a special perk to you, our early-bird investors, we are giving 10% bonus shares to those who invest in the first days of our launch!

Show More Updates End of Updates

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