Baby’s Cusina and Market

Filipino Restaurant

Overview

Raised to Date: Raised: $124,000

Total Commitments ($USD)

Platform

MainVest

Start Date

03/20/2023

Close Date

04/03/2023

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.70X

Rev. Share %

2.60%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$8,857

# of Investors

64

Momentum
Funded
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Philadelphia, Pennsylvania

Business Type

Life Style

Baby’s Cusina and Market is raising funds on MainVest. It is an upcoming Filipino restaurant in Philadelphia, Pennsylvania. The business currently functions as a Filipino-American pop-up and supper club called Tita Emmie’s and aims to set up as a friendly neighborhood cafe at a brick-and-mortar location. Baby’s Cusina and Market will offer food made using locally-sourced and sustainable produce with an emphasis on Filipino culture and cuisine. Raquel Dang and Tam Dang founded Baby’s Cusina and Market in September 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for construction and millwork, equipment, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$1,307

COGS

$0

$500

Tax

$0

$0

 

 

Net Income

$0

$177

Summary Balance Sheet

FY 2022 FY 2021

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: 03/20/2023
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Baby’s Cusina and Market on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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