Mae's
About this raise
Mae’s is raising funds on Honeycomb. It is a vibrant BYOB located in West Chester, Pennsylvania. Mae’s is focused on using locally sourced ingredients to create a memorable dining experience and features a variety of dishes that highlight the products of local farmers and artisans. The business has a loyal customer base and plans to acquire the Pennsylvania brewers license and add two additional locations on the same license. Josh Taggart founded Mae’s in February 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used to purchase an ice machine, a kegerator, a beverage fridge, brewing equipment, glassware, smallwares, bar stools, and a bar sink, and fund working capital.
Investment Overview
Invested $29,605 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -7.5% YoY
- $493,081
- Monthly Burn
- Profitable
- Cash on Hand
- $4,361
- Gross Margin
- 62%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/30/2024 | Honeycomb | - | $29,605 | Debt | Funded | RegCF |