Fortress Cafe

Fortress Cafe

Coffee Shop

Coffee Shop

Overview

Raised to Date: Raised: $4,900

Total Commitments ($USD)

Platform

MainVest

Start Date

02/08/2024

Close Date

03/28/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rev. Share %

3.50%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/26/2024

Days Remaining

31

% of Min. Goal

10%

% of Max. Goal

4%

Likelihood of Max
unlikely
Avg. Daily Raise

$272

# of Investors

11

Momentum
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Jackson, Michigan

Business Type

Life Style

Fortress Cafe is raising funds on MainVest. It is a coffee shop in Jackson, Michigan. Fortress Cafe brings fresh roasted coffee and healthy food options for people to get together. The cafe’s coffee is currently sourced directly from a farm in Brazil, and it plans to start a farm and grow the food it sells to become farm-to-table. Duncan Bone founded Fortress Cafe in August 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for purchasing farm equipment and consolidating loans.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$279,872

$166,865

COGS

$108,386

$66,215

Tax

$0

$0

 

 

Net Income

$29,220

$-11,357

Summary Balance Sheet

FY 2022 FY 2021

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: 02/08/2024
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Fortress Cafe on MainVest 2024
Platform: MainVest
Security Type: Revenue Share

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