Glow Worm Play Cafe

Glow Worm Play Cafe

Play Cafe

Play Cafe

Overview

Raised to Date: Raised: $35,500

Total Commitments ($USD)

Platform

MainVest

Start Date

09/20/2022

Close Date

10/19/2022

Min. Goal
$100,000
Max. Goal
$104,000
Min. Investment

$100

Security Type

Revenue Share

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rev. Share %

11.20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

10/20/2022

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$1,224

# of Investors

22

Momentum
Not Funded
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Location

Louisville, Kentucky

Glow Worm Play Cafe is raising funds on MainVest. The business runs an indoor play area, a cafe, a bakery, community classes, and events. The play cafe provides a safe, clean, and fun environment for kids under the age of six while their caregivers can connect and work in the lounge area. The community classes and events of Glow Worm Play Cafe are open to everyone and are welcoming and inclusive. Kathryn Read founded Glow Worm Play Cafe in April 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $104,000. The campaign proceeds will be used for space buildout, equipment, and operating expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$29,456

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-47,326

$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: 09/20/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Glow Worm Play Cafe 10/19/2022 MainVest - $35,500 Revenue Share Not Funded RegCF
Glow Worm Play Cafe 03/24/2022 MainVest - $20,000 Revenue Share Funded RegCF
Glow Worm Play Cafe 08/08/2021 MainVest - $27,100 Revenue Share Funded RegCF
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Glow Worm Play Cafe on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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