Teton Bagel
American Restaurant
Overview
Raised: $30,000
Total Commitments ($USD)
Platform
MainVest
Start Date
02/11/2021
Close Date
05/12/2021
Min. Goal
$30,000
Max. Goal
$60,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$337
# of Investors
38
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Teton Bagel, an upcoming American restaurant in Rexburg, ID, is raising crowdfunding on MainVest. The restaurant plans to use all food grown locally and harvested without harsh chemicals. The beef is also raised without any cruelty and hormones and is free-range, loved, and grass-fed. Ryan Bestor founded Teton Bagel in February 2021. The proceeds of the current crowdfunding campaign, with a minimum target of $30,000 and a maximum target of $60,000, will be used for kitchen equipment and building renovation. Teton Bagel will offer fresh homemade bagels, teas, coffees, and more to the farmers and ranchers of Idaho.
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: 02/11/2021
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