Bugs Beachin’ Shaved Ice

Bugs Beachin’ Shaved Ice

Food Stand

Food Stand

Overview

Raised this Round: Raised: $13,400

Total Commitments ($USD)

Platform

MainVest

Start Date

07/30/2020

Close Date

12/18/2020

Min. Goal
$12,500
Max. Goal
$20,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

2.00X

Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Myrtle Beach, South Carolina

Business Type

Life Style

Bugs Beachin’ Shaved Ice, a food stand in North Myrtle Beach, SC, is raising funds on MainVest. The food stand serves authentic Hawaiian shaved ice, peanut butter fudge, giant-sized popcorn, and freshly spun cotton candy. Bugs Beachin’ Shaved Ice is owned by Dakotah Mick, who launched the brick-and-mortar location in May 2020. The current crowdfunding campaign has a minimum target of $12,500 and a maximum target of $20,000, and the funds will be used to purchase a motorized golf cart equipped with essentials to deliver the offerings to the beach-goers. The business has been slow due to COVID-19; however, there is a high demand for shaved ice in the high-tourism area. Bugs Beachin’ Shaved Ice has already started building a local following by traditional and word-of-mouth marketing.

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: 07/30/2020
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Bugs Beachin’ Shaved Ice on MainVest
Platform: MainVest
Security Type: Revenue Share

Follow company

Follow Bugs Beachin’ Shaved Ice on MainVest

Buy Bugs Beachin’ Shaved Ice's Deal Report

Warning: according to the close date for this deal, Bugs Beachin’ Shaved Ice may no longer be accepting investments.

Bugs Beachin’ Shaved Ice Deal Report

Get KingsCrowd’s comprehensive report on Bugs Beachin’ Shaved Ice including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Bugs Beachin’ Shaved Ice is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Bugs Beachin’ Shaved Ice deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge