Crazy Good Kitchen

Crazy Good Kitchen

AMERICAN RESTAURANT

AMERICAN RESTAURANT

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

MainVest

Start Date

04/20/2020

Close Date

12/29/2020

Min. Goal
$100,000
Max. Goal
$400,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/30/2020

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

$0

Momentum
Not Funded
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Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Boston, Massachusetts

Business Type

Life Style

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%.

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: 04/20/2020
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Crazy Good Kitchen on MainVest
Platform: MainVest
Security Type: Revenue Share

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