CHIVANADA

Neutral
BETA

LATIN AMERICAN RESTAURANT IN NASHVILLE, TN

Analytics

Raised to Date: $3,600

Aggregate Commitments $
Platform

MainVest

Start Date

01/17/2020

Close Date

11/30/2020

Min. Goal

$75,000

Max. Goal

$107,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Weekly Commitments $
Status

Active

Reporting Date

10/28/2020

Days Remaining

31

% of Min. Goal

5%

% of Max. Goal

3%

Likelihood of Max
Avg. Daily Raise

$13

# of Investors

17

Momentum
Location
Industry

Food, Beverage, & Restaurants

Tech Sector

Chivanada, a Latin American restaurant in Nashville, TN, is raising funds on MainVest. The restaurant currently operates as a food truck and offers Colombian food, drinks, and culture to the Nashville neighborhood. The specialties of Chivanada include beef dishes, cheese empanadas, fried plantain chips, yucca fries, authentic Colombian coffees and espresso drinks, and Colombian-inspired cocktails and sodas. Chivanada is owned by Kai Yarzagaray and Daniel Yarzagaray, experienced foodservice entrepreneurs. The current round of crowdfunding has a minimum goal of $75,000 and a maximum goal of $107,000, and the funds will be used towards the construction and build-out of the new physical restaurant, decor, initial goods, and operating capital. The food truck of Chivanada already has a proven demand with average monthly revenue of $10,264, an average ticket size of $11, and a profit margin of 18%.

Other Deals

Yerbae on StartEngine

Any beverage with sugar or sweeteners -- including soft drinks -- is the single largest…

Crowd
18.21 Drinks on Republic

18.21 Drinks has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals…

Crowd
ReGrained on Wefunder

ReGrained has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add CHIVANADA on MainVest
Follow company
Follow CHIVANADA on MainVest