Kava Garden
Cafe
Overview
Raised: $35,300
Total Commitments ($USD)
Platform
MainVest
Start Date
01/09/2022
Close Date
05/23/2022
Min. Goal
$17,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$265
# of Investors
82
Momentum
Funded
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Year Founded
1995
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Kava Garden is raising funds on MainVest. The cafe is located in Miami Beach, Florida, and serves healthy food made using all-natural and clean ingredients. The offerings of Kava Garden are made using Kava and Kratom, both known for their relaxing and stress relieving properties. Kava Garden currently has 24 customers with over 50 visits each and reported a 7.22% monthly growth. Stephanie and Billy Joseph Darr founded Kava Garden in May 1995. The current crowdfunding campaign has a minimum target of $85,000 and a maximum target of $250,000. The campaign proceeds will be used to start franchising and establish wholesale offerings of existing products.
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: 01/09/2022
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