Do Well Do Good Corp.

Early Stage

A shared use kitchen and food hall with apprenticeship and entrepreneur programs

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $

Platform

Wefunder

Start Date

12/17/2020

Close Date

04/01/2021

Min. Goal

$109,375

Max. Goal

$193,500

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status
Not Funded
Reporting Date

04/18/2021

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Location

Lake Worth, Florida

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Life Style

Do Well Do Good, a shared-use kitchen and food hall, is raising crowdfunding on Wefunder. The business provides physical space for apprenticeship and entrepreneurial programs run by local partners. The concept helps bring down the entry barriers for culinary entrepreneurs, including startup capital and business awareness. Rachel Shapiro founded Do Well Do Good in November 2020. The proceeds of the current crowdfunding round, with a minimum target of $109,375 and a maximum target of $193,500, will be used for cash flow shortfall in the first seven months and shortfall in buildout, equipment, and furniture. Do Well Do Good has a projected profit margin of 29% for the first year and 41% for the second and third years.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-680

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10

$0

Accounts Receivable

$0

$0

Total Assets

$10

$0

Short-Term Debt

$110

$0

Long-Term Debt

$0

$0

Total Liabilities

$110

$0

Financials as of: 12/17/2020
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Do Well Do Good Corp. on Wefunder
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Platform: Wefunder
Security Type: Revenue Share

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