7th Street Slider Bar
American Restaurant
Overview
Raised: $12,250
Total Commitments ($USD)
Platform
MainVest
Start Date
01/04/2021
Close Date
01/31/2021
Min. Goal
$10,000
Max. Goal
$20,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$471
# of Investors
32
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
7th Street Slider Bar, an American restaurant in Port Huron, MI, is raising crowdfunding on MainVest. The offerings of the restaurant include tried and true staples, including 43 different types of sliders. The famous sliders of 7th Street Slider Bar are Maine Event, Brat Burger, and Ca-RIB-bean which come for under $5 each. Zachary Meldrum founded 7th Street Slider Bar in March 2020. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $20,000, and the proceeds will be used for reopening the current location. 7th Street Slider Bar adapted to various challenges during the pandemic and has received commendable community support. It is located centrally and has a loyal base of followers.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/04/2021
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