Lil Mama's

Early Stage

Sandwich Place

Analytics

Raised to Date: Raised: $43,800

Aggregate Commitments $

Platform

MainVest

Start Date

07/19/2021

Close Date

11/26/2021

Min. Goal

$10,000

Max. Goal

$75,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status
Funded
Reporting Date

11/28/2021

Days Remaining
Funded
% of Min. Goal

438%

% of Max. Goal

58%

Likelihood of Max
Funded
Avg. Daily Raise

$337

Momentum
Funded
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Location

Chattanooga, Tennessee

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Lil Mama’s, a sandwich place in Chattanooga, TN, is raising funds on MainVest. It is a spunky and hip hoagy shop with 90s nostalgia and a modern vibe. The sandwiches are made using high-quality ingredients, and customers are busy taking photos or bobbing their heads to their favorite 90s music while waiting for their food. Tiffany Paulson-Banks founded Lil Mama’s in August 2020. The proceeds of the current crowdfunding raise, with a minimum goal of $10,000 and a maximum goal of $75,000, will be used towards equipment, working capital, expansion of catering services, and a new customer-driven point of sale system. Lil Mama’s has a following of over 7,600 on Instagram and Facebook and has a loyal customer base.

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: 07/19/2021
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Lil Mama’s on MainVest 2021
$
Platform: MainVest
Security Type: Revenue Share Note

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