Daughter

Daughter

Wine Bar

Wine Bar

Overview

Raised this Round: Raised: $5,800

Total Commitments ($USD)

Platform

MainVest

Start Date

07/19/2020

Close Date

10/14/2020

Min. Goal
$35,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.80X

Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Brooklyn, New York

Business Type

Life Style

Daughter, an upcoming wine bar in New York, NY, is raising crowdfunding on MainVest. The new-age cafe/bar will offer good quality coffee, natural wine, and food, and will be a place to eat, drink, and relax. The bar will also focus on Circular Economy by upcycling and composting and using the recycled waste within the shop and community. Daughter was founded by Adam Jamal in June 2020. The proceeds of the current crowdfunding campaign, with a minimum goal of $35,000 and a maximum goal of $107,000, will be used for initial marketing, bar and kitchen equipment, construction, rental lease deposit, and payroll. Daughter will be the first natural wine bar in Harlem and is expected to open its doors in the winter of 2021.

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: 07/19/2020
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Daughter on MainVest
Platform: MainVest
Security Type: Revenue Share

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