Cannery Row Brewing Company
A casual restaurant with an extensive draft beer selection.
Description
Casual eatery with an extensive draft beer selection, American pub grub & outdoor fire pits.
Legal Name
-
Former Legal Name(s)
-
Company Reputation
-
Entity Type
Private limited company
Ownership Status
-
Operational Status
Inactive
Founded Date
2009
Operational Duration
10 years
Shutdown Date
2019
Last Financing Round
-
Total Raised
-
Last Financing Date
-
No. of Funding Round(s)
-
No. of Investor(s)
-
No. of Employees
-
Total Revenue
-
Post-money Valuation
-
Market Capitalization
-
Stage of Development
Growth
Transactional Model Type
B2C
Defensibility Moats
Standards,
City
Monterey
State/Province
California
Country
United States
Industry
Food & Beverages
Categories
Restaurants,
- Financial Difficulties
- After 10 years operating, Cannery Row restaurant has closed its doors amid cash flow challenges.
- According to David Bernahl of Coastal Luxury Management, CRBC’s ownership group, he explained that their lease with the Cannery Row Company had ended on October 31, putting the establishment on a month to month basis.
- He added that there were some fixes needed to comply with the Americans with Disabilities act, but he said that they could not afford to repair the damages.
- Bernhal also pointed out that they were looking for an investor to bring in funding.
- According to Mary Zeeb, a Moneterey County Tax Collector, the company had faced financial issues in the previous years, owing close to $200,000 in property and business taxes.
- Zeeb also told Weekly that Cannery Row failed to pay its business taxes in 2015, ‘16, ‘17 and ‘18 adding up to $115,000 in total.
- Without financial support, Cannery Row just cannot sustain itself.
Cash flow challenges.
Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%
| No. | Image | Name | Similarity score | Description | Industry | Categories | Location | Ownership status | Entity type | Stage of development | Transactional model type | Defensibility moats | Last financing round | Total raised | Post-money valuation | Last financing date | No. of funding round(s) | No. of investors | Investors | Total revenue | Market capitalization | No. of investments | No. of acquisitions | No. of board seats taken | Competition | Management | No. of employees | Company reputation | Contact info | Operational status | Operational duration | Shutdown date | Founded date | Legal name | Former legal name(s) | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Mon Hue | 15.3% | A restaurant chain. | Food & Beverages | Restaurants, Food Processing | Vietnam | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | - | - | - | - |
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3. |  | Dishero | 15.1% | A startup that offered digital menu solutions for the restaurant industry. | Food & Beverages | Hospitality, Software, Restaurants | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2013 | - | - | - |
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7. |  | Dinner Lab | 8.2% | A social dining experiment giving something different from the traditional restaurant experience. | Food & Beverages | Food Processing, Hospitality, Restaurants | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2011 | - | - | - |
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| No. | Image | Name | Investor type | Description | Location | Preferred investment stage(s) | Stages invested in | Assets under management (AUM) | Investment range | Investment sweet spot | Preferred investment focus | Preferred investment geography | No. of investments | No. of lead investments | No. of follow-on investments | No. of co-investments | Portfolio companies | No. of exits | Total exit value | No. of failed investments | Loss on investments | No. of acquisitions | No. of board seats taken | No. of funds | Limited partners | Co-investors | No. of partners | Partners | No. of employees | Management | Board members | Founders | Investor reputation | Contact info | Entity type | Legal name | Former legal name(s) | Founded date | Ticker |
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| No. | Image | Name | Previous designation | Previous company | Previous biography | Previous profile type | Previous location | Experience | Education | Reputation | Current company | Current designation | Current biography | Current profile type | Current location | No. of investments | No. of exits | Total exit value | No. of board seats taken | Contact info |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | David Bernahl | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Financing date | Financing round | Total amount raised | Post-money valuation | Financial viability | Fundraising target amount | Remaining target amount | Financing type | No. of investors | Board seats | Lead investors | Entity type | Financing status |
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