Ruby’s West End
New American Restaurant
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
07/11/2021
Close Date
09/30/2021
Min. Goal
$15,000
Max. Goal
$45,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/30/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Ruby’s West End, a new American restaurant in Portland, ME, is raising funds on MainVest. The multi-service restaurant offers a sit-down and take-out brunch service, coffee & pastry service, meal prep program, tasting dinners, catering services, grab & go program, and room service to local inns. The food offerings include quiches, pies, food trays, parfaits, and cakes. Corrinna Stum founded Ruby’s West End in February 2021. The proceeds of the current crowdfunding round, with a minimum raise of $15,000 and a maximum raise of $45,000, will be used to build an outdoor dining space for the locals and tourists to enjoy. Ruby’s West End offers a wide array of services and has reported a 40% increase in revenues during seven months of patio seating.
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: 07/11/2021
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