Forbes Meat

Forbes Meat

Butcher

Butcher

Overview

Raised to Date: Raised: $200,000

Total Commitments ($USD)

Platform

MainVest

Start Date

08/29/2022

Close Date

11/03/2022

Min. Goal
$50,000
Max. Goal
$200,000
Min. Investment

$100

Security Type

Revenue Share

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

2.50%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,030

# of Investors

177

Momentum
Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Tuczon, Arizona

Business Type

Life Style

Forbes Meat is raising funds on MainVest. The business works as a butcher shop in Tucson, Arizona. It provides custom cuts of meats to customers and local ranchers and meets the unique needs of different customers. Forbes Meat plans to open a new location, including a bistro, a market, and butchery classes. The bistro will offer breakfast, brunch, lunch, and dinner services, while the market will sell fresh produce, cheese, freshly baked bread, olives, olive oils, and kinds of vinegar. Benjamin Forbes founded Forbes Meat in October 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $200,000. The campaign proceeds will be used for the construction expenses, plumbing, framing, and drywall at the new location.

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: 08/29/2022
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Forbes Meat on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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