Ranada’s Kitchen
New American Restaurant
Overview
Raised: $1,300
Total Commitments ($USD)
Platform
MainVest
Start Date
11/08/2020
Close Date
01/20/2021
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/19/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$18
# of Investors
6
Momentum
Not Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Ranada’s Kitchen, a new American restaurant in Lexington, KY, is raising funds on MainVest. The kitchen encompasses family meals, cooking classes, and boutique catering. The restaurant does not only serve comfort food but also brings entertainment to the Lexington community. Ranada’s Kitchen is owned by Ranada Riley, a chef and restauranteur with over 15 years of work experience. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $100,000, and the funds will be used for kitchen buildout, equipment, and website. Ranada’s Kitchen has been featured in many local publications and Food Network. The business is full of innovation and plans to grow further by expanding its kitchen.
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: 11/08/2020
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