Burger Boys

Burger Boys

Restaurant

Restaurant

Overview

Raised to Date: Raised: $13,200

Total Commitments ($USD)

Platform

MainVest

Start Date

08/19/2021

Close Date

10/14/2021

Min. Goal
$50,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

10/14/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$236

# of Investors

25

Momentum
Not Funded
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Knoxville, Tennessee

Business Type

Life Style

Burger Boys is raising funds on MainVest. The business sells burgers, fries, chicken items, sides, and desserts through its location with drive-through and outdoor seating. The company uses fresh ingredients and keeps overheads low to ensure low prices. Burger Boys’ sales grew by 40% through the pandemic, and it plans to open a second location. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used to open the second location in Knoxville, Tennessee.

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: 08/19/2021
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Burger Boys on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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