Overview
Raised: $42,000
Total Commitments ($USD)
Platform
MainVest
Start Date
10/28/2020
Close Date
01/13/2021
Min. Goal
$20,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Revenue Share
Series
Series A
SEC Filing Type
RegCF
Return Multiple
1.40X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$553
# of Investors
41
Momentum
Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Great Scott, a music venue in Allston, MA, is raising funds on MainVest. The venue has been an integral part of Boston’s art community for years as a platform for artists to perform and develop. Great Scott is owned by Carl Lavin. The current crowdfunding round has a minimum target of $20,000 and a maximum target of $100,000. The proceeds will be used to rehome the cultural landmark to Allston. The old location has been closed due to the impact of COVID-19; however, the new location will bring back life. The funds will be used to secure the lease, liquor license, and build-out. Great Scott will remain the best place to experience Boston’s music scene through its new location.
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: 10/28/2020
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