Miss Prissy's
Food Service
Overview
Raised: $63,000
Total Commitments ($USD)
Platform
MainVest
Start Date
04/11/2023
Close Date
06/15/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
2.25%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$969
# of Investors
119
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Miss Prissy’s is raising funds on MainVest. The business provides food catering services with stellar food and superior service. It serves American Soul Food with class and style and creates memorable moments using food. Miss Prissy’s is currently located as a food stall in the Salt Lake City market and has loyal customers, including Crouse Hospital, Upstate Hospital, Key Bank, NY Funders, and Syracuse Cooperative Market. Dreamer L. Glen and Cyrus L. Thornton founded Miss Prissy’s in February 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for the buildout of the new location in Downtown Syracuse.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$298,240 |
$361,994 |
|
COGS |
$271,906 |
$160,939 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-109,316 |
$61,012 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$12,115 |
$2,927 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$36,244 |
$26,277 |
|
Short-Term Debt |
$73,042 |
$13,604 |
|
Long-Term Debt |
$45,412 |
$22,620 |
|
Total Liabilities |
$118,454 |
$36,224 |
Financials as of: 04/11/2023
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