What is High Grade Beverage?
High Grade Beverage operates as a franchised wholesale distributor, specializing in a comprehensive portfolio of beers, wines, spirits, and flavored alcohols. Serving a broad retail client base across more than seven counties in New Jersey, HGB caters to package stores, restaurants, taverns, and bars. The company has been recognized for its commitment to quality and service, notably as an award-winning Anheuser-Busch wholesaler. Their distribution network ensures a diverse range of both mainstream and craft beverages reach consumers through various retail channels.
How much funding has High Grade Beverage raised?
High Grade Beverage has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
What's next for High Grade Beverage?
The recent major strategic investment in High Grade Beverage is poised to fuel its next phase of development. This capital infusion is expected to bolster operational efficiencies, expand its product offerings, and potentially enhance its distribution network across its service regions. As an established Anheuser-Busch wholesaler with a strong track record, HGB is well-positioned to leverage this financing for continued growth and market penetration, solidifying its role as a key player in the New Jersey beverage wholesale landscape.
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