This company is no longer in business. Investors can get details about any potential exits or failures here.
Mary Celeste Whiskey and Wine Library
Whisky Bar
Overview
Raised: $60,100
Total Commitments ($USD)
Platform
MainVest
Start Date
05/13/2020
Close Date
09/16/2020
Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$481
# of Investors
93
Momentum
Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Mary Celeste Whiskey and Wine Library, a whiskey bar in Marion, MA, is raising funds on MainVest. The bar is expected to open soon with the largest collections of whiskeys and other brown spirits. It will also offer light appetizers and desserts, including baked brie with walnut bourbon and cheddar gouda cheese plate. The bar also plans to host weekly tastings and periodic seminars to attract customers. Mary Celeste Whiskey and Wine Library is owned by Mike Achilles, a certified Whiskey Ambassador. The current round of crowdfunding has a minimum goal of $79,000 and a maximum goal of $107,000, and the proceeds will be used to complete the buildout and renovation of the whiskey and wine library. Mary Celeste Whiskey and Wine Library is the only whiskey bar on the south coast of Massachusetts and has an efficient business model.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$211,025 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$165 |
| ||
| ||
|
Net Income |
$0 |
$150,283 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$8,412 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$90,805 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$6,147 |
|
Total Liabilities |
$0 |
$6,147 |
Financials as of: 05/13/2020
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