Jefferson Fry Company

Neutral
BETA

Fast Food Restaurant

Analytics

Raised to Date: $21,700

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

22%

% of Max. Goal

9%

Likelihood of Max
Avg. Daily Raise

$658

# of Investors

17

Momentum
Location

N Stonington, Connecticut

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

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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