Bintimani Restaurant
A Family-Run, West African Kitchen on Main Street in Downtown Providence.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/07/2021
Close Date
11/09/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/08/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Providence, Rhode Island
Bintimani Restaurant is raising funds on Wefunder. It is a family-run West-African restaurant on Main Street in Downtown Providence, RI. The restaurant serves authentic West African cuisine and will also serve as an event space, marketplace, and hub for creative activity. The business will be located at a central location and will also help to uplift other local entrepreneurs. Satta Josiah-Faeduwor founded Bintimani Restaurant in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for the cost of kitchen equipment and aesthetic modifications.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$8,260 |
$0 |
|
COGS |
$3,480 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-50,453 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$4,012 |
$0 |
|
Accounts Receivable |
$2,336 |
$0 |
|
Total Assets |
$114,000 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$109,000 |
$0 |
|
Total Liabilities |
$109,000 |
$0 |
Financials as of: 10/07/2021
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