Butter Roll Skate Shop

Butter Roll Skate Shop

Closed: May. 2021

About this raise: 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.

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Investment Overview

Invested this round: $45,200

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
11/26/2020
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    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

Year Founded
2017
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Ridgewood, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Amy Collado
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$896
 Runway
0 months

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/05/2021 MainVest - $45,200 Revenue Share Funded RegCF
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Butter Roll Skate Shop on MainVest
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Butter Roll Skate Shop may no longer be accepting investments.

Butter Roll Skate Shop Deal Report

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