The Grind Cafe and Eatery
Bakery
Overview
Raised: $500
Total Commitments ($USD)
Platform
MainVest
Start Date
07/30/2020
Close Date
10/14/2020
Min. Goal
$75,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.80X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/13/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$7
# of Investors
5
Momentum
Not Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
The Grind Cafe and Eatery, an upcoming bakery in Wareham, MA, is raising funds on MainVest. The bakery will serve as a place where people can come and enjoy breakfast or lunch at a reasonable price. The eatery will be focused on community building and offer special drinks, daily specials, and dinner fare. The Grind Cafe and Eatery is owned by Ronald Besse and Erin Marks, with decades of experience in business management. The current crowdfunding round has a minimum target of $75,000 and a maximum target of $107,000, and the proceeds will be used for the buildout of the first location. The Grind Cafe and Eatery will offer a friendly and comfortable environment and serve the freshest local ingredients.
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: 07/30/2020
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