Big Ma’s Kitchen Roxbury
Southern / Soul Food Restaurant
Overview
Raised: $26,600
Total Commitments ($USD)
Platform
MainVest
Start Date
05/12/2021
Close Date
07/07/2021
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.80X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$484
# of Investors
58
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Big Ma’s Kitchen Roxbury, an upcoming soul food restaurant in Boston, MA, is raising funds on MainVest. The restaurant aims to create a distinctive cuisine by combining soul food and healthy food. It will offer healthy food options, including plant-based, vegan, and vegetarian. Robert Thompson founded Big Ma’s Kitchen Roxbury in December 2020. The proceeds of the current crowdfunding round, with a minimum target of $25,000 and a maximum target of $50,000, will be used for the buildout of the new location, commercial restaurant equipment, material and fixtures, and operating capital. Big Ma’s Kitchen Roxbury will work on a model centered around the community. It will be based on evolution, transparency, and integrity.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,320 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$1,200 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$820 |
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: 05/12/2021
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