This company is no longer in business. Investors can get details about any potential exits or failures here.
Overview
Raised: $42,900
Total Commitments ($USD)
Platform
MainVest
Start Date
11/12/2020
Close Date
01/20/2021
Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.25X
Rolling Commitments ($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
$631
# of Investors
95
Momentum
Funded
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Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Brato Brewhouse and Kitchen, a brewery in Brighton, MA, is raising crowdfunding on MainVest. It is a brewery and restaurant located just across the street from the fast-growing Boston Landing development project. It creates delicious suppers, house-made sausages, unique grilled cheeses, and beer in partnership with local farms. Jonathan Gilman and Alex Corona founded Brato Brewhouse and Kitchen in 2017. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $50,000, and the proceeds will be used towards working capital. Brato Brewhouse and Kitchen sells food made in its scratch kitchen, and beer brewed on-site. The company plans to expand soon by increasing its brewing capacity.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$321,913 |
$158,073 |
|
COGS |
$246,435 |
$58,678 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-750,651 |
$-84,110 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$21,557 |
$917,415 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$321,913 |
$1,108,891 |
|
Short-Term Debt |
$18,741 |
$15,348 |
|
Long-Term Debt |
$1,223,115 |
$1,050,000 |
|
Total Liabilities |
$1,241,856 |
$1,065,348 |
Financials as of: 11/12/2020
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Brato Brewhouse and Kitchen | 01/19/2021 | MainVest | - | $42,900 | Revenue Share | Funded | RegCF |
| Brato Brewhouse and Kitchen | 05/05/2020 | MainVest | - | $0 | Debt | Not Funded | RegCF |
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