Petrolhead Cafe

Sports Bar

Overview

Raised to Date: 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
unlikely
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

Business Type

Life Style

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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Petrolhead Cafe on MainVest 2022
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Platform: MainVest
Security Type: Revenue Share

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