Bubble Bar Boston
Cocktail Bar
Overview
Raised: $31,300
Total Commitments ($USD)
Platform
MainVest
Start Date
03/17/2024
Close Date
05/15/2024
Min. Goal
$30,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
4.35%
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/26/2024
Days Remaining
18
% of Min. Goal
104%
% of Max. Goal
25%
Likelihood of Max
Avg. Daily Raise
$783
# of Investors
60
Momentum
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
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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