Crepe Twist
Breakfast Restaurant
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
06/05/2023
Close Date
08/04/2023
Min. Goal
$65,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
08/04/2023
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
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
CHICAGO, Illinois
Crepe Twist is raising funds on MainVest. It is a breakfast restaurant in Chicago, Illinois, that offers fast casual breakfast to its customers. The crepes of Crepe Twist are made using a non-traditional approach inspired by Eastern Europe and are cooked on cast iron plates and topped with signature jams. The other offerings of Crepe Twist include omelets, sandwiches, drinks, and desserts. Rumen Tenekedzhiev and Pavlina Tenekedzhieva founded Crepe Twist in May 2021. The current crowdfunding campaign has a minimum target of $65,000 and a maximum target of $124,000. The campaign proceeds will be used for the construction of a second location, equipment and appliances, bills and utilities, food, and inventory.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$181,231 |
$26,056 |
|
COGS |
$4,745 |
$18,490 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$20,531 |
$-90,000 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$139 |
$256 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$16,352 |
$16,352 |
|
Short-Term Debt |
$69,606 |
$90,255 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$69,606 |
$90,255 |
Financials as of: 06/05/2023
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