Nexus Brewery
Brewery Restaurant
Overview
Raised: $150,800
Total Commitments ($USD)
Platform
MainVest
Start Date
08/26/2020
Close Date
11/05/2020
Min. Goal
$100,000
Max. Goal
$200,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,154
# of Investors
122
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2010
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Nexus Brewery, a brewery restaurant in Albuquerque, NM, is raising funds on MainVest. The brewery and restaurant serve craft beer and New Mexican soul food. The menu includes red chile nachos, fried pickles, fried okra, open-faced enchiladas, and Southern fried chicken and waffles. Nexus Brewery is owned by Ken Carson. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $200,000. The proceeds will be used for expansion and renovation at the second location of Nexus, Nexus Blue Smokehouse. Nexus Brewery serves everything made fresh in the brewery’s kitchen and is a hit among the people of New Mexico.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,836,800 |
$2,341,271 |
|
COGS |
$850,722 |
$675,099 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-24,529 |
$-1,644 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$-54,761 |
$-1,883 |
|
Accounts Receivable |
$1,077 |
$55 |
|
Total Assets |
$648,591 |
$740,123 |
|
Short-Term Debt |
$120,272 |
$97,781 |
|
Long-Term Debt |
$152,579 |
$199,483 |
|
Total Liabilities |
$272,851 |
$297,264 |
Financials as of: 08/26/2020
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.