Bad Idea

Early Stage

A new wine bar coming to East Nashville

Analytics

Raised to Date: Raised: $419,300

Aggregate Commitments $

Platform

Wefunder

Start Date

10/04/2022

Close Date

04/30/2023

Min. Goal

$467,000

Max. Goal

$717,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$1.00

Rolling Commitments $

Status

Active

Reporting Date

11/30/2022

Days Remaining

151

% of Min. Goal

90%

% of Max. Goal

58%

Likelihood of Max
extremely
Avg. Daily Raise

$7,356

Momentum
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Location

Nashville, Tennessee

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Bad Idea is raising funds on Wefunder. It is an upcoming wine bar in East Nashville, Tennessee. It will be a neighborhood restaurant with an eclectic wine selection, a lively gathering space, and a center for wine education. Bad Idea is owned and operated by the former wine director of Bastion and Henrietta Red and will focus on wine exploration and education. The restaurant will offer three wine lists, including Fly Blind, The Short List, and The Long List. Alexander Burch founded Bad Idea in May 2021. The current crowdfunding campaign has a minimum target of $467,000 and a maximum target of $717,000. The campaign proceeds will be used for kitchen and bar equipment, furniture and fixtures, beverage inventory, POS systems, food inventory, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-8,018

$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: 10/04/2022
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Bad Idea on Wefunder 2022
$
Platform: Wefunder
Security Type: Revenue Share

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