Crazy Good Kitchen
About this raise: Crazy Good Kitchen, an American restaurant in Malden, MA, is raising funds on MainVest. The restaurant serves high-quality food, including burgers, chicken sandwiches, acai smoothies, and milkshakes made from organic and locally-sourced meat, vegetables, and dairy products. The first location of Crazy Good Kitchen is doing well despite many limitations like no storage space and no liquor license. Crazy Good Kitchen was founded by Tony DeSouza and Selma DeSouza in January 2020. The proceeds of the current round of crowdfunding, with a minimum goal of $100,000 and a maximum goal of $400,000, will be used to fund expansion to the second location on Newbury Street in Boston. The new location of Crazy Good Kitchen has projected revenue of over $1.5 million in the first year of operations, with a profit margin of 40%.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments ($USD)
- Platform
- MainVest
- Start Date
- 04/21/2020
- Close Date
- 12/30/2020
$100,000
$400,000
$100
Revenue Share
Pre-Seed
RegCF
1.50X
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/30/2020 | MainVest | - | $0 | Revenue Share | Not Funded | RegCF |