Ostara Center

Arts & Entertainment

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

MainVest

Start Date

09/28/2022

Close Date

12/29/2022

Min. Goal

$400,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Revenue Share

Payment Schedule

Quarterly

Funding Type

RegCF

Return Multiple

1.75X

Rev. Share %

8.25%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/31/2022

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Location

Acton, Massachusetts

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Ostara Center is raising funds on MainVest. It is an upcoming arts and entertainment center in Salem, MA. The venue will combine people’s passion for music and commitment to all performing arts, including comedy shows and plays. Ostara Center will generate revenue through admissions, food and beverage sales, and venue rentals. Stu Ginsburg and Paul Calnan founded Ostara Center in August 2022. The current crowdfunding campaign has a minimum target of $400,000 and a maximum target of $1,070,000. The campaign proceeds will be used for buildout, renovations, sound, and lighting.

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: 09/28/2022
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Ostara Center on MainVest 2022
$
Platform: MainVest
Security Type: Revenue Share

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