Petrolhead Cafe
Sports Bar
Overview
Raised: $9,100
Total Commitments ($USD)
Platform
MainVest
Start Date
11/22/2022
Close Date
02/15/2023
Min. Goal
$40,000
Max. Goal
$80,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
Funding Type
RegCF
Return Multiple
1.50X
Rev. Share %
3.00%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/03/2023
Days Remaining
12
% of Min. Goal
23%
% of Max. Goal
11%
Likelihood of Max
Avg. Daily Raise
$125
# of Investors
17
Momentum
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Location
West Hartford, Connecticut
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Petrolhead Cafe is raising funds on MainVest. It is an upcoming sports bar in the Parkville neighborhood of Hartford, Connecticut. The bar aims to grow the cultures of motorcycling, motorsport, and other niche sports and provide an environment for these cultures to develop. Petrolhead Cafe will be located next to many popular destinations in Parkville and is slotted to open in early 2023. Kyle Mayer founded Petrolhead Cafe in September 2018. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $80,000. The campaign proceeds will be used for the rent deposit and operating capital.
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: 11/22/2022
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