Gallery
Overview
Monkey Wrench Brewing is a production microbrewery with a taproom and large outdoor beer garden. We offer a fun atmosphere, great craft beers and space for birthday parties, corporate events, weddings and rehearsal dinners. Monkey Wrench Brewing Company will handcraft our beers in small 20-barrel batches (630 gallons) under the close personal attention of our brewers. We will start by selling in our local county and the downtown Atlanta area. Later in the year we will expand statewide. Florida and Tennessee are the next target states.
We are raising $150,000, paid over a 60 month period at an interest rate of 9.00%.
We are looking to expand across Georgia, and then to other states!
The Project
Warehouse Drains - $22,500
Keg Washer - $14,985
Canning Line - $97,925
Expansion plans for 2021 include a 20-barrel fired brewing system with 7 fermentation tanks. Monkey Wrench Brewing has invested over $500,000 in the current set-up and will add $400,000 plus in its 20 Barrel System expansion in 2021.
This campaign brings the community into a larger investment project.
Business
History
Wayne's home brew friends from New London Brew Club helped him build a 10 gallon all-grain RIMS brewing system in 2009.
Fast forward to 2011: tennis hobby vs. home brewing! I did a backhand return of serve in the summer of 2011 and somehow tore ligaments in my right wrist. I played for a while & then gave into surgery and wore a cast for 3 months & discovered how to do a ton of things as a lefty :)
I went back to home brewing on Saturdays instead of playing tennis and made brewing my main hobby; then I used my college marketing degree experience to start Monkey Wrench Brewing! It was time to serve up some great IPA’s, Seasonal & Belgium Brews for our devoted craft friends!
A home brew hobby turned into a community space!
The Future
MWB will be very active in on-premise and off-premise account sales with tap take-over’s and promotions, as we tell our story and get the consumer excited about our beers. Expansion plans for MWB include local distribution to retail stores in GA 2021. When capacity increases late 2021 we will expand to TN and FL.
Our plans are to expand our retail capacity in addition to our on-premise offerings.
Fast Facts
- We’ve been featured in Atlanta Journal Constitution, Explore Gwinnett, Gwinnett Daily Post, Southern Brew News, The Suwanee Magazine, Snellville Patch, and Craft Beer.com.
- We’ve won many awards in many local homebrew competitions. We earned a couple of trophies at the 2012 Summits Holidaze Homebrew Competition: the People’s Choice Award for our “Very Merry Monkey Ale” (spiced, Christmas-style dark ale) and 2nd Place Award in the IPA category for “Hop Monkey IPA.” Our “Very Merry Monkey Ale” has won 1st Place in 6 competitions earning us $750 in gift cards.
- Social media is the key to drive sales and branding. We’ve been at this for over 5 years and we have had much success with over 1,700 Instagram followers and over 3,200 Facebook likes.
We offer a great vibe in addition to great beer!
About the Owner
Wayne has won numerous home brew awards for his beers. He established a following for our brand by attending over 50 beer festivals where we gave away stickers and merchandise. He also did his homework by attending 6 National Craft Beer Conferences and interviewing and networking with over 250 breweries with personal visits.
Owner Wayne Baxter
Deal Summary
Deal Summary
|
Issuer |
Monkey Wrench Brewing Company LLC |
|
Doing Business As |
Monkey Wrench Brewing Company LLC |
|
Security Type |
Secured Loan |
|
Loan Purpose |
Purchase equipment |
|
Offering Amount |
$25,000 - $150,000 |
|
Interest Rate |
9.00% |
|
Payments |
Monthly, disbursed to investors quarterly |
|
Maturity |
60 months |
|
Personal Guaranty |
David Wayne Baxter |
|
Security Interest |
Purchase money lien in equipment |
|
Offered Portal |
Honeycomb Portal LLC |
|
Offering Type |
Reg CF |
Your Earnings Potential
If you choose to invest, you will make a one-time investment via ACH that will be transferred to a secure escrow account. If the campaign successfully reaches its target, the funds will be distributed to Monkey Wrench Brewing Company LLC.
For more information on the mechanics of Honeycomb’s crowd investing platform, please review our Education Materials.
| Investment Amount | One-Time Fee |
Potential Quarterly Return: Amortization Period* |
Potential Total Repayment* |
| $100 | $2.85 | $6.22 | $124.55 |
| $500 | $14.25 | $31.13 | $622.75 |
| $1,000 | $28.50 | $62.27 | $1,245.50 |
| $5,000 | $37.25 | $311.37 | $6,227.50 |
| $10,000 | $37.25 | $622.75 | $12,455.01 |
Your ongoing responsibilities from investing are very limited. Over the life of the loan, you will receive a yearly 1099-INT, which is a simple tax document similar to what you receive for most savings accounts.*Individual payments may vary slightly based on rounding. Potential repayments include principal and interest; they do not include the one-time fee which is assessed when you make your investment. These amounts are calculated as a hybrid interest-only + amortizing loan, which means that there is a specified interest-only period followed by a an amortization period. There are no prepayment penalties and Monkey Wrench Brewing Company LLC may pay down their loan early, which may impact your earnings potential. Please note: returns are not guaranteed and investors could lose some or all of their investment.
Monkey Wrench Brewing Company LLC pays as agreed. You will receive quarterly payments directly into your bank account. In the event of a default, you will be contacted by the administrative agent to manage the collections process on the investors' behalf.
How Honeycomb is Compensated
Honeycomb charges Monkey Wrench Brewing Company LLC a $250 posting fee and a 6.0% loan origination fee on the total amount funded.
Additionally, to cover expenses associated with each investment, Honeycomb charges a 2.85% investment fee capped at $37.25 per investor.
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Testimonials
View our
Offering Documents
Updates
Comments
Q & A
Hi Mark, We have a one year track record. MWB opened Jan 2020. We can provide some financials if you can email me. wayne@monkeywrenchbrewing.com. We can chat as well. If you can, share what dollar amount were you thinking? Just curious. Cheers, Wayne
Hi Donavon, On this investment platform you will receive a 9% return on your investment minus a small fee. We do have an equity option outside of this program. Feel free to email or call me to review. Thanks for your interest! Wayne Baxter
Hi Charles, Thanks for your interest! I just emailed you our business plan! Cheers, David Wayne Baxter