Perillas Food

Perillas Food

Korean Restaurant

Korean Restaurant

Overview

Raised to Date: Raised: $24,100

Total Commitments ($USD)

Platform

MainVest

Start Date

10/25/2020

Close Date

01/06/2021

Min. Goal
$10,000
Max. Goal
$30,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.70X

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$335

# of Investors

56

Momentum
Funded
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Somerville, Massachusetts

Business Type

Life Style

Perillas Food, a Korean restaurant in Somerville, MA, is raising funds on MainVest. It is a member of Foundation Kitchen, a local shared kitchen space, which allows it to prepare and cook its food. The restaurant has also signed up for many pop-ups and catered for company lunches. James Choi founded Perillas Food in June 2018. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $30,000, will be used to open a space of their own using a virtual kitchen model. Perillas Food has honed its skills and built a customer base, and is ready to take orders online. The restaurant aims to create multiple concepts out of its one location, focus on quality of food, compensate the staff, and better utilize the space for the growth of the customer base.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$193,183

$0

COGS

$58,877

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/25/2020
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Perillas Food on MainVest
Platform: MainVest
Security Type: Revenue Share

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