Morning Brew
COFFEE SHOP IN MURFREESBORO, TN
Overview
Raised: $1,700
Total Commitments ($USD)
Platform
MainVest
Start Date
01/16/2020
Close Date
04/13/2020
Min. Goal
$20,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/11/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$20
# of Investors
11
Momentum
Not Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Murfreesboro, Tennessee
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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