Dad & Dude’s International Inc. (DDI), a holding company for a Denver-based Brewpub and Brewery, announced today it has completed its first and second funding rounds totaling $600,000.
Aurora, CO (PRWEB) May 02, 2014
DDI the holding company for Dad & Dude’s Breweria, LLC and Dude’s Brews, LLC will use the funding for:· Scaling up Dude’s Brews operations by expanding its craft beer output;
· Launching new sales and marketing initiatives;
· Introducing three new varieties and brands of craft beer to complement its flagship beer Dank IPA;
· New sales and marketing initiatives for expanding Dad & Dudes Breweria’s lunch revenues;
· Researching franchising opportunities for Dad & Dudes Breweria.
“I am thrilled by the outpouring of financial support from our family, friends and customers that has allowed us to successfully complete this funding round in just 4 and a half months,” said co-founder and CEO Thomas Hembree. Hembree has over 30 years in the restaurant business. “This funding will allow us to catapult our already successful restaurant and brewery to the next level far faster than originally planned,” said Hembree. “Investors were impressed by the company’s double-digit growth, long-term vision, and the world-class management team Dad & Dude’s has assembled”.
Hembree went on, “Beyond the highly experienced additions to our restaurant and brewery staff, investors were excited by the potential of homerun returns with one or both businesses”.
About Dad & Dude’s International Inc.
Dad & Dude’s International, Inc. is the holding company for its subsidiaries Dad & Dude’s Breweria, LLC and Dude’s Brews, LLC. The Company, with its two subsidiaries, has positioned itself to take advantage of three (3) of the highest growth trends in the food and beverage industries: a simple, full service, high energy, high margin, liquor and food restaurant; an on premise brewpub that creates exclusive in-house craft beers; and a brewery for selling custom craft beer wholesale into liquor stores and restaurants.
Among other awards and recognition, Dad & Dude’s Breweria was Voted Best Pizza by Mile High Radio in 2011, 2012 and 2013, besting over 100 family-owned pizza restaurants in Colorado. Additionally, Dad & Dude’s Breweria has [twice] been named Denver’s Best Brewpub in the A-list awards and reeled in over eight national beer awards in the World Beer Championships and the New York International Beer Competition. Dad & Dude’s has an ever-increasing media presence, which includes coverage in local and national outlets, including Fox 31, KDVR, The Denver Post, The Today Show, and 5280 Magazine. Reported by PRWeb 6 hours ago.
Aurora, CO (PRWEB) May 02, 2014
DDI the holding company for Dad & Dude’s Breweria, LLC and Dude’s Brews, LLC will use the funding for:· Scaling up Dude’s Brews operations by expanding its craft beer output;
· Launching new sales and marketing initiatives;
· Introducing three new varieties and brands of craft beer to complement its flagship beer Dank IPA;
· New sales and marketing initiatives for expanding Dad & Dudes Breweria’s lunch revenues;
· Researching franchising opportunities for Dad & Dudes Breweria.
“I am thrilled by the outpouring of financial support from our family, friends and customers that has allowed us to successfully complete this funding round in just 4 and a half months,” said co-founder and CEO Thomas Hembree. Hembree has over 30 years in the restaurant business. “This funding will allow us to catapult our already successful restaurant and brewery to the next level far faster than originally planned,” said Hembree. “Investors were impressed by the company’s double-digit growth, long-term vision, and the world-class management team Dad & Dude’s has assembled”.
Hembree went on, “Beyond the highly experienced additions to our restaurant and brewery staff, investors were excited by the potential of homerun returns with one or both businesses”.
About Dad & Dude’s International Inc.
Dad & Dude’s International, Inc. is the holding company for its subsidiaries Dad & Dude’s Breweria, LLC and Dude’s Brews, LLC. The Company, with its two subsidiaries, has positioned itself to take advantage of three (3) of the highest growth trends in the food and beverage industries: a simple, full service, high energy, high margin, liquor and food restaurant; an on premise brewpub that creates exclusive in-house craft beers; and a brewery for selling custom craft beer wholesale into liquor stores and restaurants.
Among other awards and recognition, Dad & Dude’s Breweria was Voted Best Pizza by Mile High Radio in 2011, 2012 and 2013, besting over 100 family-owned pizza restaurants in Colorado. Additionally, Dad & Dude’s Breweria has [twice] been named Denver’s Best Brewpub in the A-list awards and reeled in over eight national beer awards in the World Beer Championships and the New York International Beer Competition. Dad & Dude’s has an ever-increasing media presence, which includes coverage in local and national outlets, including Fox 31, KDVR, The Denver Post, The Today Show, and 5280 Magazine. Reported by PRWeb 6 hours ago.