Mighty Quinn’s Barbeque on SeedInvest

Award-winning, fast casual group serving up authentic, slow-smoked barbeque

Raise to date: $340,976

Reporting Date: 03/31/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

02/25/2020

Stop Date

04/24/2020

Days Remaining

22

Security Type

Convertible Note

Investment Minimum

$1,000

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

1,364%

% of Maximum Raised

32%

Dollars Per Day to Reach Max

$33,137

DPD* Committed

$9,742

DPD* Category

$2

DPD* All Companies

$924

Kingscrowd Momentum

$340,976

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Mighty Quinn’s Barbeque, with a $40 million valuation cap, is raising funds on SeedInvest. The restaurant serves authentic slow-smoked barbecue, made of the highest quality ingredients. Mighty Quinn’s Barbeque has a 13,000 square foot facility serving its corporate and licensed locations and has launched its US franchising program. The restaurant was founded by Micha Magid, Christos Gourmos, and Hugh Mangum in 2012 and raised $3 million in its Series A round of financing in 2017. The current crowdfunding round has a minimum target of $1,200,000 and a maximum target of $4,000,000, and the funds will be used for marketing and franchisee acquisition, corporate support, and general corporate purposes. Mighty Quinn’s Barbeque reported over $18 million of sales across its nine corporate locations in 2019 and achieved a 26% CAGR from 2013 to 2019.

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