Robo Esso
Coffee Shop
Overview
Raised: $6,900
Total Commitments ($USD)
Platform
MainVest
Start Date
01/18/2021
Close Date
03/31/2021
Min. Goal
$35,000
Max. Goal
$70,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.70X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/30/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$97
# of Investors
10
Momentum
Not Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
AutomationTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Robo Esso, a coffee shop in Golden, CO, is raising funds on MainVest. The coffee shop uses a programmed robot instead of a human barista to make drinks. The robot uses off the shelf equipment to customize the menu, offers more drink varieties, and reduces the labor costs by 70%. Matthew Jones founded Robo Esso in January 2020. The current round of crowdfunding has a minimum target of $35,000 and a maximum target of $70,000, and the proceeds will be used for building out a second location, marketing, and growth. Robo Esso plans to make automation adaptable and affordable for small businesses, especially during the pandemic.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$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: 01/18/2021
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