Morning Brew on MainVest

COFFEE SHOP IN MURFREESBORO, TN

Raise to date: $3,300

Reporting Date: 03/29/2020

Key Stats

Minimum Raise

$20,000

Maximum Raise

$50,000

Likelihood of Max Unlikely
Start Date

01/17/2020

Stop Date

04/11/2020

Days Remaining

11

Security Type

Debt

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

13

% of Minimum Raised

17%

% of Maximum Raised

7%

Dollars Per Day to Reach Max

$4,245

DPD* Committed

$46

DPD* Category

$0

DPD* All Companies

$961

Kingscrowd Momentum

$3,300

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Morning Brew, a coffee shop in Murfreesboro, TN, is raising funds on MainVest. The coffee shop offers fresh brewed hot coffee & espresso drinks, cold brew and nitro cold brew, biscuits, homemade cinnamon rolls, fresh fruit smoothies, Acai bowls, and soups and sandwiches. Morning Brew was founded by Brett Duvall and Tayo Duvall in August of 2019 and is serving the Murfreesboro community ever since. The current round of crowdfunding has a minimum target of $20,000 and a maximum target of $50,000, and the funds will be used towards renovation, equipment, and marketing. Morning Brew already generates average monthly revenue of $3,136, with the average ticket size of $5 and a profit margin of 87%.

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