Jefferson Fry Company
Fast Food Restaurant
Overview
Raised: $77,600
Total Commitments ($USD)
Platform
MainVest
Start Date
01/21/2021
Close Date
07/21/2021
Min. Goal
$60,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$431
# of Investors
60
Momentum
Funded
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Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Jefferson Fry Company, a fast-food restaurant in Cromwell, CT, is raising crowdfunding on MainVest. The restaurant offers delicious and unique dirty French fries, burgers, and shakes and is known for its high quality and top-notch service. Emmet Moore founded Jefferson Fry Company in 2016. The proceeds of the current crowdfunding round, with a minimum raise of $100,000 and a maximum raise of $250,000, will be used to expand to a second and potentially third location. Jefferson Fry Company has over 2,000 active fans on Facebook and reported a 42% year-over-year growth in revenue in the second half of 2020. The restaurant is known for its customizable and messy French fries.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$482,601 |
$80,164 |
|
COGS |
$178,917 |
$45,008 |
|
Tax |
$348 |
$0 |
| ||
| ||
|
Net Income |
$-10,316 |
$-31,902 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$27,802 |
$72,402 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$82,478 |
$142,286 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/21/2021
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