Mexibbean Island Grille

Mexican Restaurant

Analytics

Raised to Date: $1,500

Aggregate Commitments $
Platform

MainVest

Start Date

05/21/2021

Close Date

07/16/2021

Min. Goal

$5,000

Max. Goal

$50,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $
Status

Active

Reporting Date

06/13/2021

Days Remaining

33

% of Min. Goal

30%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$65

# of Investors

6

Momentum
cold
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Location

Madison, Alabama

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Life Style

Mexibbean Island Grille, an upcoming Mexican restaurant in Huntsville, AL, is raising funds on MainVest. The restaurant will take over space previously owned by Granville’s BBQ and will share the roof with the seafood restaurant Krab Kings. It aims to bring Mexican and Caribbean fusion concept to Alabama. John C. Baker and Shanice Baker founded Mexibbean Island Grille in February 2021. The proceeds of the current crowdfunding round, with a minimum raise of $5,000 and a maximum raise of $50,000, will be used to provide business capital to launch the new location. Mexibbean Island Grille will work on a fast-casual concept and offer counter service, indoor dining space, and a full-service bar.
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