Dirt Burger
Food & Drink Shop
Overview
Raised: $41,200
Total Commitments ($USD)
Platform
MainVest
Start Date
03/06/2022
Close Date
06/27/2022
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/02/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$368
# of Investors
71
Momentum
Not Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Dirt Burger is raising funds on MainVest. The food and drink shop serves 100% plant-based burgers, fries, shakes, and salads by using whole food production and vertical aeroponic farming. The business is vertically integrated with its own supply chain and combines lean manufacturing and indoor urban farming for higher profits. Dirt Burger plans to open its second location at Des Moines, IA, soon. Christopher Place founded Dirt Burger in May 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for the buildout of the new space and purchasing equipment.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$663,120 |
$328,833 |
|
COGS |
$307,658 |
$114,719 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-159,324 |
$-110,652 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$16,122 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$76,733 |
$47,349 |
|
Short-Term Debt |
$99,900 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$99,900 |
$0 |
Financials as of: 03/06/2022
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