Nexus Brewery

BETA

Brewery Restaurant

Analytics

Raised to Date: $59,500

Aggregate Commitments $
Platform

MainVest

Start Date

08/27/2020

Close Date

11/04/2020

Min. Goal

$100,000

Max. Goal

$200,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Series

Seed

Weekly Commitments $
Status

Active

Reporting Date

09/20/2020

Days Remaining

43

% of Min. Goal

60%

% of Max. Goal

30%

Likelihood of Max
Avg. Daily Raise

$2,479

# of Investors

54

Momentum
Location

Albuquerque, NM

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Nexus Brewery, a brewery restaurant in Albuquerque, NM, is raising funds on MainVest. The brewery and restaurant serve craft beer and New Mexican soul food. The menu includes red chile nachos, fried pickles, fried okra, open-faced enchiladas, and Southern fried chicken and waffles. Nexus Brewery is owned by Ken Carson. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $200,000. The proceeds will be used for expansion and renovation at the second location of Nexus, Nexus Blue Smokehouse. Nexus Brewery serves everything made fresh in the brewery’s kitchen and is a hit among the people of New Mexico.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$2,836,800

$2,341,271

COGS

$850,722

$675,099

Tax

$0

$0

 

 

Net Income

$-24,529

$-1,644

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$-54,761

$-1,883

Accounts Receivable

$1,077

$55

Total Assets

$648,591

$740,123

Short-Term Debt

$120,272

$97,781

Long-Term Debt

$152,579

$0

Total Liabilities

$272,851

$297,264

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