Genesis Cafe

Genesis Cafe

Coffee Shop

Coffee Shop

Overview

Raised to Date: Raised: $30,000

Total Commitments ($USD)

Platform

MainVest

Start Date

04/12/2021

Close Date

06/08/2021

Min. Goal
$25,000
Max. Goal
$30,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/29/2021

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

$536

# of Investors

35

Momentum
Funded
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Indianapolis, Indiana

Business Type

Life Style

Genesis Cafe, an upcoming coffee shop in Indianapolis, IN, is raising funds on MainVest. The company has already established a brand and membership base as The Speak Easy and now plans to capitalize on it to set up a cafe. The cafe will allow consumers to buy coffee and purchase day passes to get access to the collaborative workspace. Hascall Shaffer II founded Genesis Cafe in February 2021. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $30,000, will be used to purchase equipment and pay for overhead expenses for three months. Genesis Cafe will be located within the coworking space, including four separate meeting rooms and one large conference room.

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: 04/12/2021
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Genesis Cafe on MainVest
Platform: MainVest
Security Type: Revenue Share

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