QUAS Brewpub (2022)

QUAS Brewpub (2022)

Closed: Aug. 2022

About this raise

QUAS Brewpub is raising funds on MainVest. It is an upcoming restaurant in Hazel Crest, Illinois, serving Creole meals and drinks. The offerings of QUAS Brewpub will include seafood, chicken, turkey, green or vegetable gumbo, and home-brewed beers and meads. QUAS Brewpub has an excellent location and a well-grounded business model and aims to grow a loyal customer base. Wardell Glass Jr founded QUAS Brewpub in November 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for the buildout of the restaurant and brewpub.

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Investment Overview

Invested this round: $36,300

Deal Terms

Total Commitments

Platform
MainVest
Start Date
05/31/2022
Close Date
08/02/2022
Min. Goal
$15,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Revenue Share

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Rev. Share %

10.00%

Company & Team

Company

Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Flossmoor, Illinois
Company Website
Visit Website

Team

Employees
1
Founder Name
Wardell Glass
Title
Owner

Financials

 Revenue
$0
 Monthly Burn
$1,559
 Runway
2.3 months
 Gross Margin
83%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,664

$0

COGS

$453

$0

Tax

$0

$0

 

 

Net Income

$-18,706

$-77

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,644

$0

Accounts Receivable

$0

$0

Total Assets

$31,708

$28,063

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/18/2022 MainVest - $27,100 Revenue Share Funded RegCF
08/02/2022 MainVest - $36,300 Revenue Share Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Add to portfolio
QUAS Brewpub on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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Follow QUAS Brewpub on MainVest 2022

Buy QUAS Brewpub's Deal Report

Warning: according to the close date for this deal, QUAS Brewpub may no longer be accepting investments.

QUAS Brewpub Deal Report

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  • Scores on the founding team and key personnel's background and expertise

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