EIIS RELIEF DRIOGLANN THÍR CHONAILL TEO - The Crolly ...
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EIIS RELIEF DRIOGLANN THÍR CHONAILL TEO
EIIS RELIEF DRIOGLANN THÍR CHONAILL TEO. • EIIS available against total income tax: including rental income, ARF distribution, dividends etc. • Available tax relief: 40% against total income in year 1 • Minimun investment €10,000. • Return: initial amount invested plus tax relief at marginal rate up to €250,000. • For the purpose of this document, we estimate a future market value at exit of €1.10 per €1 EIIS share • Investment term: five years, with no entry or exit fees. NOW ACCEPTING BOOKINGS - CLOSING DATE 18TH OF DECEMBER 2020
The Company: Drioglann Thír Chonaill Teo. Established 2018, the distillery is in full production since September 2020, with a scheduled 2021 annual production of 55,000 LPA’s (equivalent to 430 casks or 12,500 cases at 46% ABV) Irish Single Malt Whiskey. • The company is cash flow positive and has been fully funded by the co-owners to date without external debt. • First fully revenue licensed, bonded and GI (Geographical Indicator) Irish whiskey distillery in Donegal in 180 years. • First “direct fire” pot still distillery with all necessary certification within Ireland. • Distillery has a floor area of over 1,100m2 with a large visitor experience area in development and scope for expansion. • Successful launch of 180 Founder Club, sold pre-production at €6,600 per cask. • Strong green energy credentials, heat recovery, water harvesting and energy efficient. • Client Company of Údarás Na Gaeltacht and Fáilte Ireland.
Team Crolly
• Exceptional production team with Dr Jack Mayo,
our master distiller and Mr Julio Diana, our Head of
Production with extensive experience within the
drinks and whiskey industry.
• Each of our three founders with over 30 year’s
business experience.
• Strong Financial, Marketing, Production and
Branding team appointed to develop the project.
Dr Jack Mayo our Master Distiller with Mr Julio Diana our Head of Production
Conor Jack Kieran Julio John Joe
Leverage and Brand
• EIIS funding will be utilised to produce stock.
• Whiskey stock can be leveraged to release future funding. Historically whiskey has gained between 8 to 12% PA in value.
• Envisage strong revenue stream year two to year five from visitor experience.
• Crolly distillery brands will position itself as a premium “niche” product, with very limited Irish whiskey releases after year three
and year four.
• The distillery ideally situated in the Donegal Gaeltacht on the Wild Atlantic Way, ten minutes from Donegal Airport and Errigal
mountain, strategically along the N56 between Slieve League and Glenveagh National Park (the two largest tourist attractions in
Donegal).
Behind the Scenes - the process
Any questions or queries feel free to contact the founders of The Crolly Distillery and Visitors’ Centre.
Kieran Davis Joe Devenney Conor McMenamin
FOUNDER FOUNDER FOUNDER
+353 (0)87 279 9844 +353 (0)86 260 0549 +353 (0)86 678 1965
kieran@thecrollydistillery.com joe@thecrollydistillery.com conor@thecrollydistillery.com
Got A Query Or Question
Please email us at: EIIS@thecrollydistillery.com
Visit us at:The Crolly Distillery, Old Doll Factory, Crolly, Co. Donegal.
Derry
Donegal
Antrim
Visit us online at: www.thecrollydistillery.com
Tyrone
Please call Clare on +353 (0)85 768 0368
Leitrim Fermanagh Armagh Down
Alternatively contact Sligo
Monaghan
Conall Dunne Cavan
Louth
Chartered Accountants,Riverside Retail Park, Neil T. Blaney Road, Mayo
Roscommon Longford
Letterkenny, Co. Donegal, F92KH59 Meath
Email conall@dunneaccountants.com Galway
Westmeath
Dublin
or Offaly
Kildare
Call Connall on +353 (0)74 9166010 Laois Wicklow
Clare
Carlow
Tipperary
Kilkenny
Limerick Wexford
Kerry Waterford
Cork
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