Beanchain Coffee
Coffee Shop
Overview
Raised: $38,300
Total Commitments ($USD)
Platform
MainVest
Start Date
01/12/2023
Close Date
04/21/2023
Min. Goal
$35,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rev. Share %
4.55%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$391
# of Investors
77
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Beanchain Coffee is raising funds on MainVest. It is an upcoming coffee shop in Mesa, Arizona. The coffee shop will serve freshly brewed coffee and teas along with fresh pastries and other bakes. It will also function as a shared working space and community gathering space to become the center of conversation and connection. David Luke Baxter and Shannon Kathleen Baxter founded Beanchain Coffee in October 2021. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $124,000. The campaign proceeds will be used for the construction of the coffee shop and operating expenses.
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: 01/12/2023
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