Mushin Sports Lounge
Sports Bar
Overview
Raised: $1,300
Total Commitments ($USD)
Platform
MainVest
Start Date
02/04/2021
Close Date
04/21/2021
Min. Goal
$100,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/20/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$17
# of Investors
5
Momentum
Not Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Mushin Sports Lounge, an upcoming sports bar in Oakland, CA, is raising funds on MainVest. The boutique sports lounge will provide a premium viewing experience and work as a gathering space for sports viewing parties and space for business parties. Baba Afolabi founded Mushin Sports Lounge in 2019. The current round of crowdfunding has a minimum target of $100,000 and a maximum target of $250,000, and the funds will be used for the operating capital. Mushin Sports Lounge will be a membership-only lounge and function as a sports haven for international sports, including rugby, soccer, and cricket.
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: 02/04/2021
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