Main Street Phoenix Workers Co-op

Early Stage

We turn local restaurants into worker-owned coops.

Analytics

Raised to Date: Raised: $299,761

Aggregate Commitments $

Platform

Wefunder

Start Date

12/13/2021

Close Date

04/15/2022

Min. Goal

$100,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal

300%

% of Max. Goal

28%

Likelihood of Max
Funded
Avg. Daily Raise

$2,437

Momentum
Funded
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Location

Boulder, Colorado

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

Main Street Phoenix Workers Co-op is raising funds on Wefunder. They are restaurant & social enterprise vets building an employee-owned restaurant group. The Main Street Phoenix Project is looking to acquire and invest main street business which are at risk or considering not opening due to the COVID-19 pandemic and current economic crisis. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,07,000. The campaign proceeds will be used to integrate restaurants int the MSPWC umbrella, hire additional C-Suite roles and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$8,536

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$63,448

$0

Accounts Receivable

$0

$0

Total Assets

$67,306

$0

Short-Term Debt

$8,770

$0

Long-Term Debt

$0

$0

Total Liabilities

$8,770

$0

Financials as of: 12/13/2021
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Main Street Phoenix Workers Co-op on Wefunder 2021
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Platform: Wefunder
Security Type: Revenue Share

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