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May 13, 2015 3:13 EST

Better Booch: Craft-brewed Kombucha Tea based in LA

iCrowdNewswire - May 13, 2015

Better Booch

Craft-brewed Kombucha Tea based in LA.

Los Angeles, CA

betterbooch.com

 

 

  • FUNDING ROUND
  • Status TAKING RESERVATIONS
  • Target $200,000
  • Reserved NEW
  • Pre-money Valuation $1,200,000

 

  • SUMMARY
  • Team Music & Entertainment Industry, Sales @ Harmless Harvest
  • Performance 2014 Revenue: $297K @ 80% GM (332% Growth YoY), 2015E: $1.1M
  • Customers Veggie Grill, Bloomingdale’s, Naturewell, Mickey Fine, Chop Stop, Artisan House, Grassroots Natural Market
  • Advisors Hayden Slater (Pressed Juicery), Steve Schwartz (Art of Tea)

PRODUCTS

At Better Booch, our mission is to make a different and better breed of Kombucha. The majority of mainstream Kombucha brands use juice or purees for flavor. This added sugar over-ferments the beverage and creates a sour/vinegary aftertaste. Better Booch solely uses organic and custom hand-blended teas, herbs and botanicals for flavor from world renowned purveyors, Art of Tea. This keeps sugar content low for a smooth and refreshing finish.

TEAM

Trey Lockerbie, Co-Founder & CEO

Trey covers daily operations involving logistics, production and management of capital accounts.

Ashleigh Lockerbie, Co-Founder & Head of Marketing

Ashleigh manages sales, promotions, partnership relations and the Booch Bar.

Rachel Schwimmer, Regional Sales Manager

Formerly Sales Manager at Harmless Harvest

 

  • ADVISORY TEAM
  • Hayden Slater
    Pressed Juicery (CEO & Co-Founder)
     
  • Steve Schwartz
    Art of Tea (CEO & Founder)

FINANCIALS

  • HIGHLIGHTS
  • Revenue2014 Revenue: $297K @ 80% GM (332% Growth YoY), 2015E: $1.1M
  • DistributionSpecialty Organic, Natural, Direct-to-Consumer, Retail Bar

DEAL DETAILS

  • FUNDING ROUND
  • StatusTAKING RESERVATIONS
  • Target $200,000
  • Pre-money Valuation$1,200,000
  • Round Type Equity
  • Entity Type LLC

 

 

 

Contact Information:

Trey Lockerbie
Ashleigh Lockerbie
Rachel Schwimmer

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