Rich Spirit

Rich Spirit

Closed: May. 2023

About this raise

Rich Spirit is raising funds on MainVest. It is an upcoming bagel bakery in Wheat Ridge, Colorado. The business plans to create a new style of bagel by combining the world’s best bagels with wild fermentation techniques and high-quality ingredients. Rich Spirit aims to open its location at Gold’s Marketplace along with other incredible businesses like Esters Restaurant, Queen City Coffee, and Cosmos Dog Bakery. Shawn Bergin founded Rich Spirit in December 2022. The current crowdfunding campaign has a minimum target of $120,000 and a maximum target of $124,000. The campaign proceeds will be used for construction and equipment at the brick-and-mortar location.

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Investment Overview

Invested this round: $124,000

Deal Terms

Total Commitments

Platform
MainVest
Start Date
04/26/2023
Close Date
05/26/2023
Min. Goal
$120,000
Max Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Rev. Share %

8.15%

Company & Team

Company

Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
WHEAT RIDGE, Colorado
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Shawn Bergin
Title
Owner

Financials

as of Fiscal Year 2022
 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

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

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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
05/26/2023 MainVest - $124,000 Revenue Share Funded RegCF
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Add to portfolio
Rich Spirit on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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

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