Dick & Jane’s BarRoom
Cocktail Bar
Overview
Raised: $80,300
Total Commitments ($USD)
Platform
MainVest
Start Date
10/06/2022
Close Date
12/09/2022
Min. Goal
$75,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Payment Schedule
Quarterly
SEC Filing Type
RegCF
Return Multiple
1.60X
Rev. Share %
1.38%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/31/2022
Days Remaining
Funded
% of Min. Goal
107%
% of Max. Goal
65%
Likelihood of Max
Funded
Avg. Daily Raise
$1,255
# of Investors
110
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Dick & Jane’s BarRoom is raising funds on MainVest. It is a bar and restaurant located in Brooklyn, New York. The cocktail bar and restaurant is focused on an elevated dining experience for the Bed-Stuy community and offers extra outdoor and roadway seating. Dick & Jane’s BarRoom opened its first location in Fort Greene, Brooklyn, in 2011, Baby Jane’s Bar in Clinton Hill, Brooklyn, and plans to open the third location soon. Benjamin Hill founded Dick & Jane’s BarRoom in May 2021. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $124,000. The campaign proceeds will be used for the buildout of the outdoor patio, installation of the awning and ice machine, planning for a cocktail to go program, cocktail consultants, and website consultants.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$6,761 |
$0 |
|
COGS |
$2,443 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-10,490 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$17,732 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$82,212 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$86,856 |
$0 |
|
Total Liabilities |
$86,856 |
$0 |
Financials as of: 10/06/2022
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