About this raise
Marinas Bistro & Rum Bar is raising funds on Honeycomb. It is a Puerto Rican bistro in Chicago, Illinois, known for its old-world charm and contemporary dining. Marinas Bistro & Rum Bar offers Caribbean cuisine and a selection of handcrafted cocktails with a distinctly Caribbean twist. The business has a loyal customer base and has been nominated by the Chicago Reader twice for the Best Caribbean Restaurant. Eric Roldan founded Marinas Bistro & Rum Bar in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for working capital, construction, payroll, and kitchen equipment.
Investment Overview
Committed : $12,890
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 01/21/2025
- Close Date
- 02/17/2025
$50,000
$100,000
$100
Debt
Pre-Seed
RegCF
13.25%
3.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $174,309
- Monthly Burn
- $6,249
-
Runway
- 3.1 months
- Gross Margin
- 32%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Marinas Bistro & Rum Bar | 02/17/2025 | Honeycomb | - | $12,890 | Debt | Active | RegCF |
| Marinas Cafe Chicago | 10/15/2021 | MainVest | - | $1,700 | Revenue Share | Not Funded | RegCF |