Crazy Good Kitchen Miami
Restaurant
Overview
Raised: $27,400
Total Commitments ($USD)
Platform
MainVest
Start Date
06/28/2023
Close Date
10/27/2023
Min. Goal
$100,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
2.80%
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/26/2023
Days Remaining
31
% of Min. Goal
27%
% of Max. Goal
22%
Likelihood of Max
Avg. Daily Raise
$304
# of Investors
76
Momentum
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Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Crazy Good Kitchen Miami is raising funds on MainVest. The food business sells homemade burgers and fried chicken sandwiches through its two locations in Malden and Newbury, Massachusetts. Crazy Good Kitchen generated $1.5 million in annual revenue in 2022 at the Malden location and $2.7 million at the Newbury location. Tony DeSouza and Selma Da Silva founded Crazy Good Kitchen Miami in February 2023. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $124,000. The campaign proceeds will be used to open a new location in Miami, Florida, purchase equipment, and obtain operating capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
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: 06/28/2023
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