Overview
Raised: $25,000
Total Commitments ($USD)
Platform
MainVest
Start Date
02/10/2022
Close Date
05/16/2022
Min. Goal
$10,000
Max. Goal
$40,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Return Multiple
1.70X
Rolling Commitments ($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
$266
# of Investors
65
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Lil Mama’s is raising funds on MainVest. It is a spunky and hip hoagy shop in Chattanooga, TN, 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. Lil Mama’s has a following of over 7,600 on Instagram and Facebook and has a loyal customer base. Tiffany Paulson-Banks founded Lil Mama’s in August 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $40,000. The campaign proceeds will be used for operating capital.
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: 02/10/2022
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