Carolina Smoke

Neutral
BETA

BBQ Restaurant

Analytics

Raised to Date: $2,300

Aggregate Commitments $
Platform

MainVest

Start Date

01/22/2021

Close Date

04/07/2021

Min. Goal

$100,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Series

Seed

Weekly Commitments $
Status

Active

Reporting Date

02/24/2021

Days Remaining

39

% of Min. Goal

2%

% of Max. Goal

1%

Likelihood of Max
Avg. Daily Raise

$70

# of Investors

10

Momentum
Location

Morganton, North Carolina

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Carolina Smoke, a BBQ restaurant in Morganton, NC, is raising funds on MainVest. The restaurant offers high-quality smoked fresh meats in giant portions with sides and sauces. The meats are smoked overnight and served fresh every day, without freezing or reheating. Emily Dale and Jason Dale founded Carolina Smoke in 2018. The current crowdfunding round has a minimum target of $100,000 and a maximum target of $250,000, and the proceeds will be used to add a second location, purchase new equipment, and upfit the building. Carolina Smoke is known for its gigantic portions that are large enough for the most voracious appetites. The restaurant generated revenue of $830,000 in 2020 and expects to generate $2.4 million in 2021.

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