Yorkshire-based spirit producer Whitby Distillery have launched a bid to raise money to expand their business.
The Whitby based businesses are aiming to raise £400,000 through a crowdfunding campaign with the aim of moving into trade, retail, tourism and export.
Founded in 2017 by Jessica Slater and Luke Pentith, and currently selling around 1000 bottles each week, the duos range of spirits are created using hand-foraged botanicals sourced from their coastal and moorland surroundings.
Owner Luke said: “The crowdfunding project will allow us to take the next step in our business. We’ve been profitable since our launch achieving a CAGR of 35.95% so far, but we’re only just getting started.
“We’ve recently secured a 100-year lease on the site for a new distillery in the shadow of Whitby Abbey and are now raising funds to accelerate our growth at this pivotal time for the business.”
As part of the ambitious expansion plans, the team have recently been granted permission from the local council to renovate two derelict barns at Abbey Lands, based on the south-west corner of the iconic Abbey.
Luke continues: “We’d love people to join us on our mission to honour our coastal heritage and ignite change, all whilst creating exceptional spirits.
“We already successfully run Distillery Tours from our Botany Way site, and the completion of the new distillery represents a significant potential to increase this revenue stream. With the new site we aim to target 30,000+ visitors annually by 2028, leveraging experiential marketing to elevate the brand.”
For more information, to buy online and to learn more about their crowdfunding visit www.whitbydistillery.com