Locals Bar and Grille

Locals Bar and Grille

Restaurant Bar

Restaurant Bar

Overview

Raised this Round: Raised: $300

Total Commitments ($USD)

Platform

MainVest

Start Date

07/29/2020

Close Date

09/23/2020

Min. Goal
$25,000
Max. Goal
$55,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Kissimmee, Florida

Business Type

Life Style

Locals Bar and Grille, an upcoming restaurant bar in Haines City, FL, is raising funds on MainVest. It will be a Southern-inspired restaurant and bar in a casual setting and will offer cold beer, craft cocktails, and great food. Locals Bar and Grille is owned by Joseph Darigo and his wife, both with decades of experience in the restaurant industry. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $55,000. The proceeds will be used for space buildout, equipment, and operating capital. Locals Bar and Grille is led by a passionate team and has big demand in the area with no other restaurant in a 7-mile radius.

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: 07/29/2020
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Locals Bar and Grille on MainVest
Platform: MainVest
Security Type: Revenue Share

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