Jefferson Fry Company
Fast Food Restaurant
Analytics
Raised to Date: $21,700
Aggregate Commitments $
MainVest
01/22/2021
04/07/2021
$100,000
$250,000
$100
Revenue Share Note
RegCF
Seed
Weekly Commitments $
Active
02/24/2021
39
22%
9%
$658
17
N Stonington, Connecticut
Food, Beverage, & Restaurants
Non-Tech
B2C
Medium
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 |
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