Well hello there, Kickstarter Supporters!
We hope you've been enjoying the burgeoning beer scene in SF since our last update!
Over the past 18 months we’ve been busy conducting a few tasting events and searching our souls – and SF – for the next best move for Local Brewing Co.
We’re excited to report that we’ve found a great location in SF to launch Local Brewing Co. Brewery & Beer Bar (including a 10-barrel brewery). The momentum we've gained also includes new industry advisors and an updated, vetted plan to get Local off the ground.
We wanted to share this info with you first since you’ve supported us from the very beginning. This amazing space fits our vision of a local, neighborhood brewery and tap room that integrates your feedback into what we brew.
In order to bring Local to life in 2014, we’re reverting to a more traditional mode of raising investment, where investors will get ownership in Local Brewing Co., LLC. For those of you interested in this sort of investment, we’re offering a limited number of membership units at $50,000, with a minimum purchase of 1/2 unit. Each unit will comprise 1.5% ownership in Local Brewing Co., LLC. Investors will receive a significant portion of cashflow until 120% of their investment is returned. Then, a share of ongoing profits. Our formal offer ends Jan 2014, or when we sell all remaining units.
We know you may prefer the Kickstarter mode of support, and we appreciate your contribution. We're considering launching a new campaign down the road for a pilot system that we’ll use to brew guest homebrew recipes.
But, we've got to start somewhere. If you or anyone you know might be interested in learning more about our investment offer, get in touch with us directly at email@example.com. We're happy to send along our formal investment packet and/or meet and discuss over a pint.
We hope to see you soon over beers.
Regan + Sarah