The People’s Kitchen on MainVest

COWORKING SPACE

Raise to date: $7,000

Reporting Date: 05/20/2020

Key Stats

Minimum Raise

$12,000

Maximum Raise

$30,000

Likelihood of Max Unlikely
Start Date

03/13/2020

Stop Date

05/20/2020

Days Remaining

Closed

Security Type

Debt

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Not Funded / Not Sure

# of Investors

18

% of Minimum Raised

58%

% of Maximum Raised

23%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$111

DPD* Category

$0

DPD* All Companies

$965

Kingscrowd Momentum

$7,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Serve Food LLC, doing business as The People’s Kitchen, is raising funds on MainVest. It is a shared-use, commercial kitchen in the Holyoke Springfield area, that works as a co-working space. The People’s Kitchen allows new and existing food businesses to use its space and equipment to grow and prosper. Serve Food was founded by Chef Matthew Lillibridge, with decades of experience in the foodservice industry. The current round of crowdfunding has a minimum goal of $12,000 and a maximum goal of $30,000, and the proceeds will be used to purchase specialized equipment, including a walk-in cooler, tilt skillet, and a food cart or truck. The People’s Kitchen has a proven demand and competitive advantage in its area, with anticipated average monthly revenue of $10,675.

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