Island Scoops
About this raise
Island Scoops, an ice cream shop in Anna Maria Island, FL, is raising funds on MainVest. It is an ice cream and coastal gift shop that sells 32 flavors of ice cream. The company has recently launched its new concept, Island Donut Company that sells freshly-made donuts and specialty coffees. Island Scoops is owned by Walter Loos and Julie Kirkwood. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $100,000, will be used for strategic growth. Island Scoops’ ice creams are hand-mixed and churned in batch freezers and are made from natural and locally-sourced ingredients. The offerings include sundaes, milkshakes, malts, ice cream nachos, ice cream cones and bowls, and delicious baked goods.
Investment Overview
Not Funded: $300
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 11/25/2020
- Close Date
- 02/10/2021
$50,000
$100,000
$100
Revenue Share
Seed
RegCF
1.60X
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $236,181
- Monthly Burn
- $5,530
-
Runway
- 0 months
- Gross Margin
- 68%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/10/2021 | MainVest | - | $300 | Revenue Share | Not Funded | RegCF |
