A Craft Brewery

Table of Contents

Company Analysis……………………………………………………………………………………………………………….3

Seven Sisters Overview…………………………………………………………………………….................

3

Market Opportunity………………………………………………………………………………………………..4

The Product…………………………………………………………………………………………………………….4

Business Model…………..……………………………………………………………………………………………………….5

Company Mission…………………………………………………………………………………………………………….....5

Industry Analysis.………………………………………………………………………………………………………5, 6 & 7

Overview…………………………………………………………………………………………………………………5

Outlook…………………………………………………………………………………………………………………..6

External Drivers…………………………………………………………………………………………………6 & 7

Market & Consumer Analysis…………….………………………………………………………………………7, 8 & 9

Market Overview……………………………………………………………………………………………………..7

PAGE 1

Market Segmentation………………………………………………………………………………………………7

Market Size & Demographics……………………………………………………………………………8 & 9

Competitive Analysis………………………………………………………………………………………………………….10

Marketing Plan……………………………………………………………………………………………………………………11

Operations Plan………………………………………………………………………………………………………….. 11 & 12

Organizational Chart……………………………………………………………………………………………...11

Board and Management Team Biographies…………………………………………………………….11

Key Positions…………………………………………………………………………………………………………. 12

Sustainability………………………………………………………………………………………………………………………12

Financial Plan……………………………………………………………………………………………………………………..13

Capital Uses……………………………………………………………………………………………………………14

Key Financial Assumptions….…………………………………………………………………………………14

Non-Personnel Expenses……….……………………………………………………………………………….15

PAGE 2

Income Statement (Consolidated Summary)……..………………………………………………….15

Summary of Financial Projections……………………………………………………………..………… 16

Appendix………………………………………………………………………………………………………………..17, 18 & 19

Income Statement………………………………………………………………………………………….……...17

Balance Sheet………………………………………………………………………………………………….………18

Statement of Cash Flows………………………………………………………………………………………..19

PAGE 3

Seven Sisters Overview

Seven Sisters Brewery is ready to say “Cheers!” to Wytheville, Virginia. Seven Sisters will be a craft brewery with an adjacent tap room located on Main Street in downtown Wytheville with a target opening date in early-2019. The brewery will provide residents and tourists an opportunity to enjoy high quality craft beers. Seven Sisters will also offer special events such as music, craft and food festivals that will allow local and regional artists to showcase their talents. The brewery’s tap room will carry other non-alcoholic beverages giving customers a broader range of options.

The name of the brewery refers to the seven peaks of Little Walker Mountain that face the home of company founder, David Clark. The name was chosen to reflect the founder’s desire to support the agricultural community and tourism segments of Southwest Virginia’s economy by using as many locally grown ingredients as possible and by serving as destination for visitors to

PAGE 4

Company Analysis

Seven Sisters

Brewery------------------------------------------------------------

---------------

Founded: 2017Founder:

David ClarkOfferings:

Craft beersSpecial eventsIndustry Classification:

Craft breweryTarget Market:

Southwest VirginiaFunding Required: $385,000Funding Allocations:

Equipment Working

Capital

enjoy the unique Appalachian culture of our region.

Market Opportunity

While craft breweries have been established and have thrived in Roanoke, Salem, Blacksburg, Galax, Damascus, Abingdon and Saint Paul, Virginia, none currently exists in Wytheville where the junction of Interstates 77 and 81 results in over 50,000 vehicles per day passing through Wythe County1. The number of travelers stopping in Wytheville creates a significant market for a craft brewery. Additionally, the success of Wythe County wineries indicates an environment that is conducive to a sustainable venture such as a brewery. Local business and government leaders, as well as local constituents have indicated that support for a craft brewery exists within the community.

The Product

Seven Sisters Brewery will offer seven beverages concurrently. Although some products will be available only on a rotating basis, the brewery will permanently offer an Amber Lager and Pilsner for those who prefer a lager. For more adventurous beer drinkers, the brewery will create a Porter, Stout, Extra Pale Ale and an American and Imperial Style India Pale Ale. Various

PAGE 5

other lagers and ales will also be produced to provide an abundance of opportunity for patrons to enjoy crafted beer. The tap room will feature beer “flights” which will allow customers to sample the various lagers and ales produced.

Seven Sisters Brewery will generate revenue from the sale of its beers in its adjacent tap room and in regional bars and restaurants. Once the distribution process begins the brewery will also create revenue sources in specialty shops and grocery stores. Various souvenirs such as T-shirts, growlers, and hats will be offered and some special events may include a cover charge to provide some additional revenue. While some businesses combine breweries with restaurants, Seven Sisters will initially plan to offer bar snacks and appetizers, (e.g. soft pretzels with mustard sauces, popcorn, cheese straws, chips and salsa) while utilizing food trucks and guest restaurants to provide more substantial options. The higher percentage of margin on beer versus food and a lower start-up cost prompted this decision. However, management will evaluate customer demand and the brewery’s financial status at three to six months intervals and expand food offerings as indicated. The tentative plan is to expand in phases, progressing to more upscale snacks and appetizers (e.g. charcuterie boards, deviled eggs, specialty dips) then offer a

casual restaurant menu (e.g. pizza, sandwiches, salads) if financially advisable.

PAGE 6

Business Model

Company Mission

Seven Sisters Brewery will provide a quality product and will serve the community by sourcing as many ingredients and products as possible from local growers and vendors. Seven Sisters will also provide a platform for community members and visitors to socialize and for local artists, musicians, craft artisans and food vendors to display their talents through special events.

Industry Overview

During 2016, craft beer production increased 6.2% to 24 million barrels and generated $23.5 billion in sales, which represents a year-over-year growth of 10% 2. At the end of 2015 124 breweries3 were operating in Virginia. As of 2016 that number had grown to 1643, representing a 32% increase year-over-year.

PAGE 7

Industry Analysis

Industry Snapshot 2016 Industry Sales: $23.5 billion

2016 Annual Growth: 10%

2016 Increase in Virginia Breweries: 32%

Industry Outlook

Per a Brewer’s Association market research publication, the craft beer segment is projected to gain 20% market share by 2020. To recognize this gain, the industry must sustain an 11% annual growth. Economists believe this is achievable because the primary drinkers of craft beer – persons in Generation X and the Millennial Generation – will represent 60% of the projected population on 2020 5.

External Drivers

The craft brew industry is influenced by some key external drivers. The management of Seven Sisters Brewery will maintain a keen awareness of these factors as it moves forward with its operations.

One key external driver is the price of ingredients. Management is already identifying potential local producers of ingredients and has begun developing relationships with other potential producers to have access to additional suppliers.

Government mandates such as licensure requirements and the regulation of alcoholic beverage sales is also an external driver in the craft brewing industry. State laws and licensure requirements have not changed

PAGE 8

significantly in the recent years and Virginia has proven friendly to craft breweries.

Once Seven Sisters moves forward with distribution the price of raw materials used in the brewing process such as steel and aluminum in fermentation and brite tanks, along with kegs, cans, and other materials used for packaging and distribution are an external driver that Seven Sisters management will have to monitor in a cost-efficient manner.

Market Overview

Industry analysis indicates that the discovery of new beers is a popular activity for 93% of those who drink beer and the Brewers’ Association predicts that craft beers will account for 20% of the overall beer market by 2020 5. Millennials, persons reaching young adulthood in the early 21st century, are the largest demographic consuming craft beers however, significant percentages of Gen-Xers, persons born in the late 1970s or early 1980s, and baby-boomers, individuals born in the years following World War II, prefer craft beers.

Market Segmentation

Beer can be consumed at home or in restaurants. Craft breweries with their pubs and tap rooms offer the beer drinker a unique experience in a local establishment. Many craft breweries also use special events to appeal to individuals who desire a social experience along with the pleasure of drinking a distinctive beer. Craft breweries also have a reputation for sustainability that attracts environmentally conscious consumers.

PAGE 9

Market & Consumer Analysis

Market Size and Demographic

Most craft breweries are located in suburban areas but their presence in rural areas is significant and steadily growing. Wythe County is classified as a rural county but has the advantage of being situated at the junction of Interstate 81 and Interstate 77 and boasts an average of 50,000 travelers per day. The willingness of craft beer drinkers to travel for the craft beer experience will effectively increase the market into surrounding Southwest Virginia Counties.

Within a fifty-mile radius of Wytheville, VA (Seven Sisters Location) the total regional population exceeds 500,0006. The median age within this region in 2017 was 41 and the median household income was over $42,7576. The region’s 2016 median income was $39,2136. The median age of Wythe Countians in 2017 is 45 and the county’s median income is $59,3317. These demographics indicate that the region and the county are sufficient to sustain craft breweries.

2016 Median Household Income 2017 Projected Median Household Income

$37,000

$38,000

$39,000

$40,000

$41,000

$42,000

$43,000

$44,000

$39,213

$42,757

Median Household Income Within 50-Mile Radius

*Source: advisory.com 6; Data quoted as of 3/13/2017

The population of Wythe County saw a slight decrease from 2010 to 2017, but projections show the population will increase near 2010 levels by 2022.

PAGE 10

Much of the population of Wythe County consists of families and individuals within generations that enjoy craft beer. Seven Sisters will be a family friendly establishment with soft drinks, games, and activities available for children and teen-agers. Other forms of entertainment are also being considered to attract families as well as individuals. In Wythe County, we know family is extremely important and at Seven Sisters we want each person that steps in the door to feel like family.

2000 2010 2017 202227000

27500

28000

28500

29000

29500

27599

2923528946

29206

Wythe County - Population Growth

9 Yrs & Under10.33%

10 to 179.37%

18 to 247.44%

25 to 3410.92%

35 to 4411.90%

45 to 5414.15%

55 to 6414.99%

65 & Older20.90%

Wythe County - Population by Age

PAGE 11

Seven Sisters Brewery will experience competition from other regional craft breweries including:

Parkway Brewing in Salem, Virginia. Parkway is among the leaders in the state for production and overall sales.

Bull and Bones in Blacksburg, Virginia. Bull and Bones offers craft beer as well as American dining

Rising Silo Brewery in Blacksburg, Virginia. Rising Silo is a craft brewery that offers nightly special dishes.

Soaring Ridge Brewery in Blacksburg, Virginia. Soaring Ridge offers craft beers and other beverages and frequently host live musicians.

Creek Bottom Brews in Galax, Virginia. Creek Bottom offers pizza as well as craft beer.

Damascus Brewery in Damascus, Virginia. This craft brewery features live music and games such as corn hole and Foosball.

Wolf Hills Brewery in Abingdon, Virginia. Wolf Hills offers music three times per week along with games and periodic visits from food trucks.

Although these breweries will be competitors, the establishment of the Southwest Virginia Mountain Brew Trail and the history of cities with multiple breweries indicate that a variety of craft beer breweries can actually improve the success of the individual businesses.

The brewery will also face competition from area restaurants:

Ruby Tuesday’s, a chain restaurant on Fourth Street that has a full bar and full service eat-in restaurant

Graze on Main, a local upscale restaurant on Main Street with a full bar attached to a boutique hotel

Christopher’s, a bar and lounge on Main Street attached to Log House 1776, a historic restaurant that has been popular in Wytheville for more than 30 years

The Ville, a sports bar located on East Main Street Applebee’s, a chain restaurant and sports bar on East Main Street that

includes a full-service restaurant The Matterhorn Lounge, a full-service bar adjacent to the Wohlfahrt

House Dinner Theater near Exit 73

Seven Sisters will provide multiple projectors for viewing sports events and will explore the feasibility of offering forms of entertainment for children of all

PAGE 12

Competitive Analysis

ages. It will distinguish itself by focusing on high quality and unusual craft beers along with knowledgeable staff members who can discuss the various

products the brewery offers and the Appalachian culture that influenced their creation. The brewery will utilize food trucks and guest restaurants to offer occasional special dining experiences.

Seven Sisters Brewery will utilize a variety of promotional tactics to generate demand for its craft beer. Aggressive online marketing including a state-of-the-art website platform, social media and search engine optimization will provide an economical means of appealing to millennials while print advertisement and strategic partnering opportunities with local businesses and civic organizations will be utilized to appeal to other demographic groups. The brewery will plan a highly publicized grand opening to increase initial awareness and will host special events to attract patrons from other areas of Southwest Virginia.

Organizational Chart

Seven Sisters Brewery will utilize the following organizational structure during its initial phases of operation.

Management Team Biographies

PAGE 13

Operations Plan

Board of Directors (David, Dale, and

Debbie Clark)

CEO and General Manager (David Clark)

Joe Hayes (Head Brewer)

Brew Team Members

David Clark will act as CEO and General Manager of Seven Sisters Brewery. David has a Bachelor of Science Degree in Business from Virginia Commonwealth University (VCU). David has been employed by Dorsey Wright Associates (DWA), a Nasdaq Company, in Richmond, Virginia, for almost three years. He began his employment as an intern and was hired as an Investment Analyst upon his graduation from VCU. David holds his Series 65 license and his responsibilities at DWA include publishing original market research, advising clients on investment strategies, and appearing on multiple podcasts and videos. He has also taught seminars on how investors can utilize the Point and Figure Methodology at various cities across North America and at the Broker’s Institute, DWA’s semi-annual educational conference. In November of 2017 David received a NASDAQ CEO’s Award of Excellence.

Dale Clark, RPh, MHA, FACHE, is employed by Ballad Health System as President and CEO of Lonesome Pine Hospital in Big Stone Gap, Virginia, and Mountain View Regional Medical Center in Norton, Virginia. Dale has over 35 years of experience in health care administration including service as Chief Operating Officer of Wythe County Community Hospital, Regional Administrator for Heartland Rehabilitation Services and Chief Operating Officer for Blue Ridge Rehabilitation Services. Dale provides leadership for over 425 employees and is responsible for development and implementation of a budget exceeding 75 million in net revenue. Dale has also served in leadership roles for several civic and professional organizations including President of the Virginia Society of Hospital Pharmacists and a member of the Board of Directors for HOSPAC, the Virginia Health Care Associations Political Action Committee.

Debbie Clark, PT, DPT, has been a clinician manager for over 35 years. In 1985 Debbie established Blue Ridge Rehabilitation Services and grew the business to include six outpatient clinics, five public school division contracts, four long term care contracts and home health services. Blue Ridge was generating revenues exceeding $13 million when it was acquired by Heartland Rehabilitation Services in 1997. Debbie served as Regional Director of Operations for Heartland until 2006 when she became Director of Rehabilitation Services at Wythe County Community Hospital. During her ten years as rehab director, WCCH experienced more than ten-fold growth in volume of therapy services. Debbie was also responsible for opening a satellite therapy office in Rural Retreat and the WCCH’s Center for Pain Management. Debbie has also served on boards for the Virginia Physical Therapy Association and the Wythe Bland Foundation.

Dale and Debbie received a Business Development Award from the Wythe Bland Chamber of Commerce in 2006. Debbie was recognized with Heartland’s Customer Service Champion Award in 2005 and Wytheville Rotary Club’s Vocational Award in 2009.

PAGE 14

Key Positions

Seven Sisters Brewery will fill essential core positions to ensure the initial success of its operations and facilitate future growth. David Clark, the brewery founder, will act as general manager. Joe Hayes has accepted the position of Master Brewer at Seven Sisters. Joe has a Bachelor of Science Degree in Master Brewing from the University of California at Davis, has over 20 years of experience and has served as a consultant to multiple start-up breweries. A human resources consultant will assist in hiring six to eight personable, responsible team members to assist in preparing and serving Seven Sisters’ products to its customers. Temporary staff may be recruited for special events.

The management of Seven Sisters Brewery recognizes that routine and consistent review of the business performance relative to its projections, budget and business plan is critical for long-term sustainability and growth. Periodic analysis will allow management to identify potential performance issues in volume, expenses and other factors that may impact profitability. Management will utilize mentors, local resources and consultants to identify barriers to successful operation and adapt to market demand.

The Brewery will also partner with other businesses in Wytheville and Southwest Virginia to expand their reach to consumers from the area. Whether it is a local bakery, deli, or other establishment, Seven Sisters will work with these businesses to allow them to reach more customers and better their brand along with ours. Along with food vendors, Seven Sisters will collaborate with artists and musicians to provide events and opportunities to grow their name.

Seven Sisters plans to work with local farmers and will seek to use local ingredients within seasonal beers, with a goal of consistently crafting a Wythe County inspired beer that the community can share and have pride in knowing that it is a home-grown product. Work with local farmers will also extend past simple utilization of their crops as Seven Sisters will sell grains that have been used in the brewing process to local farmers so that they may use the spent grains as feed.

Fund Uses

PAGE 15

Financial Plan

Sustainability

Seven Sisters Brewery requires $385,000 in start-up capital. David Clark will invest $27,965 into the business and will seek an additional capital injection of $357,035 to start operating. The Brewery has already withdrawn on $40,000 in debt financing, and an additional $44,200 equity. The Brewery has also been approved for a $10,000 no interest loan and a $10,000 grant through a state revitalization fund, and $187,000 through a local bank. We have collected $319,165 of the required $385,000.

Total Brewery Equipment

Cost51%

Furniture, Fixture &

Equipment (FF&E)18%

Working Cap-ital30%

Fund Uses

Key Assumptions

Production & Pricing Segmentation

Seven Sisters plans to produce 360 barrels during the first year of operations and increase production to 840 barrels by year 5. The product segmentation includes selling pints, growlers, bottles and kegs (permitting a distribution contract), and souvenirs at the prices listed below.

Barrels Produced Product Segmentation Price FY1 360   Pints (From Keg/Average Price per Beer) $5.00FY2 480   Keg

$150.00

FY3 600   Cans/Bottles (4 packs) $14.00FY4 720   Growler (64 oz.) $17.00FY5 840   Souvenirs (Average Ticket Cost) $14.00

PAGE 16

Non-Personnel Expenses

Non-personnel expenses are projected to grow from $113,000 in year 1 to $158,376 in year 5. Year 1 non-personnel expenses are shown below.

Utilities

Marketing

Supplies

Meals, Travel, Ent

Professional Fees

Repairs and Maintenance

Insurance

$0

$10,0

00

$20,0

00

$30,0

00

$40,0

00

$50,0

00

Non-Personnel Expenses

Income Statement (Consolidated Summary)

FY1 FY2 FY3 FY4 FY5 Total Revenues $444,114 $588,450 $718,050 $841,086 $976,626

Total Direct Cost ($50,701) ($66,657) ($82,612) ($98,567) ($114,523)Gross profit $393,413 $521,793 $635,438 $742,519 $862,103 Gross Profit Margin (%) 89% 89% 88% 88% 88%

Total Operating Expenses $304,070 $370,118 $395,110 $421,126 $448,268 EBITDA $89,343 $151,675 $240,328 $321,393 $413,835 Depreciation $26,793 $26,793 $29,189 $31,584 $31,584 EBIT $62,550 $124,882 $211,140 $289,808 $382,251 Interest Expense-Debt $12,393 $10,135 $7,735 $5,184 $1,442 Interest Expense-Leased Assets $0 $0 $0 $0 $0 Interest Income $0 $0 $0 $0 $0

Other Income (Expenses) $0 $0 $0 $0 $0

Net Income $50,157 $114,747 $203,404 $284,624 $380,809 Net profit (%) 11% 19% 28% 34% 39%

PAGE 17

FY1 FY2 FY3 FY4 FY5$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

PAGE 18

AppendixIncome Statement (Summary)

      Y1 Y2 Y3 Y4 Y5     Revenues

Revenue $444,1

14 $588,450 $718,050 $841,086 $976,626

Net Sales $444,1

14 $588,450 $718,05

0 $841,08

6 $976,62

6 Direct Cost          

Direct Cost $50,70

1 $66,657 $82,612 $98,567 $114,523

Cost of Goods Sold $(50,7

01) $(66,657) $(82,61

2) $(98,56

7) $(114,5

23)

GROSS PROFIT $393,4

13 $521,793 $635,438 $742,519 $862,103 Gross margin (%) 89% 89% 88% 88% 88%

          Operating Expenses        

Total Non-Personnel General & Administrative

$113,000 $122,850 $133,634 $145,442 $158,376

Rent $60,02

5 $60,025 $60,025 $60,025 $60,025

Total Personnel Expenses $131,0

45 $187,243 $201,451 $215,659 $229,867

Total Operating Expenses $304,0

70 $370,118 $395,11

0 $421,12

6 $448,26

8

EBITDA $89,34

3 $151,675 $240,32

8 $321,39

3 $413,83

5 EBITDA % 20% 26% 33% 38% 42%

Depreciation $26,793 $26,793 $29,189 $31,584 $31,584

EBIT$62,55

0 $124,882 $211,140 $289,808 $382,251 EBIT%

Interest Expense-Debt $12,393 $10,135 $7,735 $5,184 $1,442 Interest Expense-Leased Assets $0 $0 $0 $0 $0 Interest Income $0 $0 $0 $0 $0 Other Income (Expenses) $0 $0 $0 $0 $0

NET INCOME$50,15

7 $114,747 $203,404 $284,624 $380,809 Net Profit Margin (%) 11% 19% 28% 34% 39%

PAGE 19

Balance Sheet

      Y1 Y2 Y3 Y4 Y5     ASSETS

Cash154,25

7 253,51

3 417,33

0 662,069 1,024,08

9 Accounts Receivable 0 0 0 0 0 Prepaid Expenses 0 0 0 0 0 Inventory 0 0 0 0 0 Other Current Assets 0 0 0 0 0

Total Current Assets154,2

57 253,5

13 417,3

30 662,06

9 1,024,0

89

Property & Equipment

Property & Equipment267,93

3 267,93

3 291,88

8 315,843 315,843 Leased Asset 0 0 0 0 0

Accumulated Depreciation(26,79

3)(53,58

7)(82,77

5)(114,36

0)(145,944

)

Property & Equipment, net241,1

39 214,3

46 209,1

12 201,48

3 169,899 Intangible & Other Assets

Assets (IP) 0 0 0 0 0 Intangible & Other Assets 0 0 0 0 0 Amortization & Impairment 0 0 0 0 0

TOTAL ASSETS395,3

96 467,8

59 626,4

42 863,55

2 1,193,9

88 LIABILITIES & EQUITY

Accounts Payable 0 0 0 0 0 Accrued Expenses & Payroll Taxes Payable 0 0 0 0 0 Other Current Liabilities 0 0 0 0 0 Current Portion of Long Term Debt 0 0 0 0 0

Total Current Liabilities 0 0 0 0 0

Long-Term Debt207,10

6 164,82

2 120,00

1 72,487 22,113 Due to Related Parties 0 0 0 0 0

Total Liabilities207,1

06 164,8

22 120,0

01 72,487 22,113 Shareholder's Equity

Paid in Capital123,13

3 123,13

3 123,13

3 123,133 123,133

Retained earnings 50,157 164,90

4 368,30

9 652,933 1,033,74

2

Total Equity 173,2

90 288,0

37 491,4

41 776,06

6 1,156,8

74

PAGE 20

TOTAL LIABILITIES & EQUITY380,3

96 452,8

59 611,4

42 848,55

2 1,178,9

88

Statement of Cash Flows

    Y1 Y2 Y3 Y4 Y5   

CASH FLOW FROM OPERATIONS

Net Income (Loss) $50,157 $114,74

7 $203,40

4 $284,624 $380,809 Plus Depreciation $26,793 $26,793 $29,189 $31,584 $31,584 Plus Amortization & Impairment $0 $0 $0 $0 $0 Changes in Working Capital Changes in A/R $0 $0 $0 $0 $0 Changes in Prepaid Expenses $0 $0 $0 $0 $0 Changes in Inventory $0 $0 $0 $0 $0 Changes in Other Current Assets $0 $0 $0 $0 $0 Changes in A/P $0 $0 $0 $0 $0 Changes in Accrued Expenses $0 $0 $0 $0 $0 Changes in Other Current Liabilities $0 $0 $0 $0 $0 Net Change in Working Capital $0 $0 $0 $0 $0 Net Cash Flow from Operations $76,950

$141,540

$232,593

$316,209

$412,393

CASH FLOW FROM INVESTMENTS

Purchase of Assets (IP) $0 $0 ($23,95

5) ($23,955) $0 Purchase of Intangibles & Other

Assets $0 $0 $0 $0 $0

Fixed Assets

$ (267,933

) $0 $0 $0 $0 Net Cash Flow from Investments

($267,933) $0

($23,955)

($23,955) $0

CASH FLOW FROM FINANCING

Paid in Capital $

123,133 $0 $0 $0 $0

Debt $

262,000 $0 $0 $0 $0 Loan Principal ($39,894 ($42,28 ($44,82 ($47,514) ($50,373)

PAGE 21

) 4) 1)

Net Cash Flow from Financing$345,23

9 ($42,2

84)($44,82

1)($47,514

)($50,37

3)

Net Cash Flow$154,25

7 $99,25

6 $163,8

17 $244,73

9 $362,02

0

Cash at Beginning of Period $0 $154,25

7 $253,51

3 $417,330 $662,069

Cash at End of Period$154,25

7 $253,5

13 $417,3

30 $662,06

9 $1,024,0

89

1Accessed online at http://www.interstate-guide.com/i-081_aadt.html2Accessed online at www.brewersassociation.org/statistics/national-beer-sales-production-data/3Accessed online at www.brewersassociation.org/statistics/by-state/?state=VA4Accessed online at http://gis.yesvirginia.org/datasets/71afb69cb33645c5b975b425777e2087_15Accessed online at www.brewersassociation.org/news/ba-insider-growth-craft-beer-segment-sky-limit/6Accessed online at www.advisory.com7 Accessed online at retail360.us/wythe-county-va/8Accessed online at www.census.gov/quickfacts/table/PSTO45215/51

PAGE 22

Citations