Avalon Lounge and Game Cafe

Avalon Lounge and Game Cafe

RESTAURANT AND GAME STORE IN HOLYOKE, MA

RESTAURANT AND GAME STORE IN HOLYOKE, MA

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

MainVest

Start Date

02/17/2020

Close Date

04/22/2020

Min. Goal
$75,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/21/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Holyoke, Massachusetts

Business Type

Life Style

Avalon Lounge and Game Cafe, an upcoming restaurant, bar, and game store in Holyoke, MA, is raising funds on MainVest. It has already identified a loyal customer base in Holyoke that is waiting for new family-style restaurants. The offerings of Avalon Lounge and Game Cafe will include special game nights, a gaming space, good food, a full bar, and a huge library of board games. Avalon Lounge and Game Cafe was founded by Melissa Lewis-Gentry, Neal Robinson, Sara Williams, and Michael S. Dow, with a combined 80 years of experience in the restaurant industry. The current round of crowdfunding of Avalon has a minimum goal of $75,000 and a maximum goal of $100,000, and the funds will be used to finish construction, buy inventory, and outfit the restaurant. Avalon Lounge and Game Cafe is coming up at an excellent location, with proven demand and high competitive advantage.

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: 02/17/2020
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Avalon Lounge and Game Cafe on MainVest
Platform: MainVest
Security Type: Revenue Share

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