CTZN
Modern European Restaurant
Overview
Raised: $300
Total Commitments ($USD)
Platform
MainVest
Start Date
11/21/2022
Close Date
02/24/2023
Min. Goal
$250,000
Max. Goal
$500,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
Funding Type
RegCF
Return Multiple
1.60X
Rev. Share %
1.20%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/03/2023
Days Remaining
21
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$4
# of Investors
2
Momentum
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Location
San Diego, California
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
CTZN is raising funds on MainVest. It is a new modern European restaurant in San Diego, California. The restaurant will offer clean and modern tapas and brunch dishes inspired by French, Spanish, and Californian cuisines and complemented with wines and craft cocktails. CTZN will have a large indoor space, an outdoor space, and 40 dedicated parking spaces. The sister concepts of CTZN, La Clochette Du Coin & Hommage Bakehouse, have a loyal customer base, and the business aims to replicate the same level of customer experience. Karine Beers and Willy Wu Jye Hwa founded CTZN in October 2022. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1.24 million. The campaign proceeds will be used for construction and building improvements.
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: 11/21/2022
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