Dorset County Distilling is raising new money to fund the development of a brand-new distillery in Dorset
Dorset County Distilling is a pre-revenue proposition. Currently, there are only buildings that need to be converted, but management has the relevant planning permissions and a well-researched business plan. There are some low-level construction risks to be tackled before the first spirits are produced and sold.
Dorset County Distilling is a small unquoted company. There will be no formal market in the shares. It is not intended that there will be any capital returns or dividends paid in the first five years. There can be no guarantee that the investment will be successful, that an exit will be achieved or that there will be any value to be distributed.
The building project is not complex, and project managers have been hired. Once the distillery is operational, the company has to make flavoursome products and be successful in its sales efforts, in many cases to enterprises much larger than itself and against stiff competition. None of these obstacles is insurmountable; the market for UK whisky, craft gin and other spirits is growing robustly, and is forecast to continue to do so for some years to come.