Butter Roll Skate Shop
Skate Shop
Overview
Raised: $45,200
Total Commitments ($USD)
Platform
MainVest
Start Date
11/25/2020
Close Date
05/05/2021
Min. Goal
$20,000
Max. Goal
$60,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$283
# of Investors
153
Momentum
Funded
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Year Founded
2017
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Butter Roll Skate Shop, an upcoming skate shop in Ridgewood, NY, is raising funds on MainVest. The company aims to build and sell unique and affordable skates and accessories. It also wants to make skating accessible to black, indigenous people of color and encourage inclusive skate sub-communities. Amy Collado founded Butter Roll Skate Shop in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $40,000 and a maximum raise of $60,000, will be used towards employee salary, employee taxes, building out space, marketing, inventory, and working capital. Butter Roll Skate Shop will sell merchandise along with roller skates and encourage peer to peer relationship building.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-10,752 |
$-4,054 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$700 |
$700 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/25/2020
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