BEM | books & more
Bookstore
Overview
Raised: $26,800
Total Commitments ($USD)
Platform
MainVest
Start Date
07/28/2022
Close Date
09/09/2022
Min. Goal
$15,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.30X
Rev. Share %
4.30%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$623
# of Investors
65
Momentum
Funded
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Year Founded
2019
Industry
Consumer Products, Goods & Services
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
BEM | books & more is raising funds on MainVest. It is an online bookstore that serves as a home for readers, writers, cooks, and eaters passionate about Black cultures. The business celebrates Black food by bringing works of fiction, nonfiction, and poetry related to food for readers of all ages. BEM | books & more celebrates Black food, literature, and culture all in one place. The business is also planning to open a permanent brick-and-mortar location in Bed-Stuy, Brooklyn. Gabrielle Davenport and Danielle Davenport founded BEM | books & more in October 2019. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $50,000. The campaign proceeds will be used to expand operations and prepare to open the permanent 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: 07/28/2022
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