Great Scott

Great Scott

Music Venue

Music Venue

Overview

Raised to Date: Raised: $42,000

Total Commitments ($USD)

Platform

MainVest

Start Date

10/28/2020

Close Date

01/12/2021

Min. Goal
$20,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Revenue Share

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2021

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

$553

# of Investors

41

Momentum
Funded
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Year Founded

2020

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Allston, Massachusetts

Business Type

Life Style

Great Scott, a music venue in Allston, MA, is raising funds on MainVest. The venue has been an integral part of Boston’s art community for years as a platform for artists to perform and develop. Great Scott is owned by Carl Lavin. The current crowdfunding round has a minimum target of $20,000 and a maximum target of $100,000. The proceeds will be used to rehome the cultural landmark to Allston. The old location has been closed due to the impact of COVID-19; however, the new location will bring back life. The funds will be used to secure the lease, liquor license, and build-out. Great Scott will remain the best place to experience Boston’s music scene through its 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: 10/28/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Great Scott 01/12/2021 MainVest - $42,000 Revenue Share Funded RegCF
Great Scott 09/29/2020 MainVest - $273,500 Revenue Share Funded RegCF
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Great Scott on MainVest
Platform: MainVest
Security Type: Revenue Share

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