{"id":22533,"date":"2019-07-08T15:58:06","date_gmt":"2019-07-08T22:58:06","guid":{"rendered":"https:\/\/archives.csusm.edu\/westcoastersd\/?p=22533"},"modified":"2019-07-08T15:58:08","modified_gmt":"2019-07-08T22:58:08","slug":"barrel-harbor-makes-public-plea-for-salvation","status":"publish","type":"post","link":"https:\/\/archives.csusm.edu\/westcoastersd\/2019\/07\/08\/barrel-harbor-makes-public-plea-for-salvation\/","title":{"rendered":"Barrel Harbor makes public plea for salvation"},"content":{"rendered":"\n

In March, Barrel Harbor Brewing<\/a> <\/strong>owner Tim St. Martin<\/strong> announced that he would be pulling out of the satellite tasting room he opened next door to and, by all accounts to that point, in partnership with At East Games<\/strong>. That role-playing and tabletop game outlet\u2019s name was included in the venture when it opened in 2016: At Ease at Barrel Harbor. St. Martin cited \u201ctwo-and-a-half years of operating at a loss\u201d as his reason for shuttering the Miramar spot. Now, he\u2019s sharing more about why the business failed.<\/p>\n\n\n\n

Over the weekend, St. Martin initiated a GoFundMe campaign<\/a><\/strong> with the goal of raising $50,000 to help him save his business and his home. On the campaign page, he offers his account of how he got to this point, stating that in 2016 a high-school friend\u2014the owner of At Ease\u2014\u201cconvinced\u201d him to abandon an expansion project he had begun for his business in order to go into a 50-50 partnership that would fetch them the 6,600-square-foot space they would cohabitate. St. Martin says revenue from the gaming business came in well below projections, leading to the years of losses.<\/p>\n\n\n\n

St.\nMartin reports he was left with $140,000 in sales and use taxes, payroll,\nmerchandise, rent and more that he says he had to end up paying for on his own.\nHe goes on to outline his current debts: an equipment loan and two\nhigh-interest capital loans that have a combined balance of roughly $75,000.<\/p>\n\n\n\n

\u201cFor\nthis I reach out to you, my friends, my family members, and my patrons that do\nnot want to see the brand go away,\u201d St. Martin writes. \u201cI have just gotten\nstarted with a very large and reputable distributor which can help lift sales,\nand with two of the loans paid off and the third reconfigured at a much lower\npayment I can save what I have invested every day of the last 6 years of my\nlife, and my entire life savings into. Failure to raise these funds will force\nme into bankruptcy, and the creditors may force me to sell my home to pay off\nthe money lent on personal guarantee.\u201d<\/p>\n\n\n\n

At\npress time, the campaign had raised $1,170. This is not St. Martin\u2019s first\ncrowd-funding venture. In February of 2018, he sought investors via online\nplatform, Wefunder<\/strong>. The goal of that\ninitiative was $100,000 to $250,000, but it failed to reach the low-end of that\nrange. Barrel Harbor Brewing opened in 2013 and is located at 2575 Pioneer Avenue, #104<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

In March, Barrel Harbor Brewing owner Tim St. Martin announced that he would be pulling out of the satellite tasting room he opened next door to and, by all accounts to that point, in partnership with At East Games. That role-playing and tabletop game outlet\u2019s name was included in the venture when it opened in […]<\/p>\n","protected":false},"author":7,"featured_media":22535,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-22533","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-diego-beer-beverage-news","8":"entry"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/archives.csusm.edu\/westcoastersd\/wp-content\/uploads\/2019\/07\/barreharbor_beers.jpg?fit=700%2C420&ssl=1","wps_subtitle":"Vista-based brewery owner seeking to survive via crowdfunding campaign","jetpack_shortlink":"https:\/\/wp.me\/pdtr4y-5Rr","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/posts\/22533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/comments?post=22533"}],"version-history":[{"count":0,"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/posts\/22533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/media\/22535"}],"wp:attachment":[{"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/media?parent=22533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/categories?post=22533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archives.csusm.edu\/westcoastersd\/wp-json\/wp\/v2\/tags?post=22533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}