Bubble Bar Boston

Bubble Bar Boston

Cocktail Bar

Cocktail Bar

Overview

Raised to Date: Raised: $17,950

Total Commitments ($USD)

Platform

MainVest

Start Date

03/17/2024

Close Date

05/14/2024

Min. Goal
$30,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

4.35%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

29

% of Min. Goal

60%

% of Max. Goal

14%

Likelihood of Max
unlikely
Avg. Daily Raise

$619

# of Investors

34

Momentum
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Salem, Massachusetts

Business Type

Life Style

Bubble Bar Boston is raising funds on MainVest. It is a mobile cocktail bar in Amesbury, Massachusetts. Bubble Bar Boston adds elegance and nostalgic charm to its beverage offerings and uses premium ingredients and custom-made products for its cocktail service. The business currently has three mobile bars, Delilah, Poppy, and Petunia, and plans to open a brick-and-mortar location soon. Maria Tilkens and Alexander Tilkens founded Bubble Bar Boston in January 2021. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $124,000. The campaign proceeds will be used for the space buildout.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$67,183

$19,261

COGS

$16,826

$9,826

Tax

$0

$0

 

 

Net Income

$-6,903

$-28,834

Summary Balance Sheet

FY 2023 FY 2022

Cash

$11,848

$2,893

Accounts Receivable

$0

$0

Total Assets

$55,165

$33,376

Short-Term Debt

$12,502

$5,492

Long-Term Debt

$40,521

$20,356

Total Liabilities

$53,023

$25,848

Financials as of: 03/17/2024
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Bubble Bar Boston on MainVest 2024
Platform: MainVest
Security Type: Revenue Share

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