We Want to Be the First Brew-it-Yourself Brand
We rolled up a craft brewery, restaurant, and brew-it-yourself event space into one building by starting in Newton, MA in 2013. Despite the space being just 2,000 sq ft, we still earn more than $1M in annual revenue there, and in Jan. 2018, we opened a huge new spot in Boston's Seaport District. It's a tricky business, but we think we've nailed the model for an all-in-one craft brewery.
We brew Hopster-branded craft beers that earn 90% gross margins on every sale.
Our kitchen creates gourmet, farm-to-table meals for customers wanting more than a drink.
We're one of the only DIY breweries that lets you mix, brew — and even design — your own beer.
We Made Almost $1.4M in Q1 2018
In Newton alone, a suburban city with a population of 88,000, we doubled sales nearly every year since opening. The additional location in Boston has done even better than we anticipated, filing $1.1M in Q1 2018 revenue while growing every month since opening.
Projections for 2018 and later cannot be guaranteed.
Philadelphia by Spring 2019, 16 More by 2022
We've proven our model in both a smaller, local brewpub and a large, urban restaurant. So our next step is to expand out of Massachusetts. Our first national expansion will be in Philadelphia, as the second largest city on the East Coast is growing rapidly and has prime location opportunities.
Our Corporate Events Can Make 5 Figures a Night
Earlier this year, we held an event with 50+ John Hancock employees that made over $10,000 in sales in just three hours. Corporate events are a lucrative opportunity for us, as our margins on these events can be 5 times as profitable as a standard restaurant on a standard night. This is especially true in the Seaport district, where our larger Boston space is the perfect location.
Our Progress So Far
If we hit our minimum fundraise goal of $300k, we’ll use the funds for operational expenses and working capital requirements. If we hit our maximum raise of $1M, we’ll use 28% of the money for brewing and restaurant equipment, 67% for construction of new locations, and 5% for Wefunder fees.
Our First Location Opens
The Hopsters Newton location has far exceeded sales and profitability expectations while serving as an "incubator" location.
Received Commercial License to Brew and Serve House Beers
Hopsters enters another vertical, brewing, bottling, and selling our own beers.
Brewed Over 7,000 Individual Customer Batches
Hopsters is a well-known neighborhood joint for events. Friends, family, and co-workers come for the novelty and stay for the food.
Hopsters Turns 3 — 21,000 Individual Customers Brew With Us
We've nearly tripled our number of custom brews since 2015 and are still going strong.
Hopsters Boston Seaport Location Opens
Right in the heart of an up-and-coming Boston neighborhood, the location does $1.1M in Q1 2018 sales.
Hopsters Opens 16 Locations in Major Cities
Let's Build a National Brand Together
Hopsters, and our team, work every day to grow the awareness and enhance people's experience with craft beer. As you know, we are expanding into the downtown Boston Seaport area, and I wanted to take some time to share with you our thoughts and feelings about Hopsters.
Since we opened in 2013 we have had 22,000 guests brew beer with us. Some of our guests are experienced home brewers, the vast majority are not, however they have all taken away an experience that enhances their connection with their community and local craft beer.
Hopsters is brew pub, a restaurant and a place where you can experience craft beer to the fullest. Many people just pull up to the bar, chat with our welcoming staff, have a bite to eat and enjoy our house brewed beer. Everyone is curious about the beer making experience and many come back to try it either with friends or with colleagues as part of a corporate event.
If you love craft beer, you love Hopsters. Everyone that visits us, especially our guests that participate in the beer making experience, have a big smile of their face. It’s so much fun, with a glass of beer in hand, to get the malts, Hops and grains and mix it all up in the kettle, knowing that in two weeks you get to come back to bottle, label and drink your hand crafted beer.
We’ve hosted hundreds of 40th birthday parties (in-fact we have one going on upstairs as I’m writing this), corporate events, wedding rehearsal dinners, community sports teams along with teachers group outings. In fact, if you think of a reason to get together with friends, Hopsters has probably hosted it.
I truly believe there will be a Hopsters in most major cities in the US in the coming years. Our mission, why we get out of bed in the mornings, is to increase people’s awareness of craft beer. We value and care about learning, so you make the best most informed choices. To this aim we have made it a priority to support our community to enhance the place we live by supporting fundraising for local schools and initiatives. We keep our attention local, because beer is best when it’s brewed in your community and on fun, because life is crazy - beer shouldn’t be.
I’m asking you to invest in your community, support local produced products, learn about craft beer and have some fun along the way. To this aim we are excited to announce that we will be opening in the Spring a Hopsters in the downtown Boston Seaport area. Hopsters in its three short years has become a phenomenal success, way beyond our hopes. Because we have stuck to our mission, the financial rewards have come too and we want to pass those rewards onto you, our stake holders and friends; the people that have supported us by their patronage, feedback and moral support. The process has been, and is a blast, however the proceeds have been pretty good too and we want to share that with you.