About this raise
SoFusion Cafe, an American and Caribbean food restaurant in Baltimore, MD, is raising funds on MainVest. The restaurant sources 80% of its ingredients locally and offers delicious and high-quality food at an affordable price. It works on the 4-Point Feeling Impact Model related to feeling pleasure, comfort, first-class, and inspired. Denise Butts founded SoFusion Cafe in April 2020. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $30,000, and the funds will be used to hire staff, help with day-to-day operations, and expand inventory. SoFusion Cafe specializes in exceptionally good and tasty food along with 21st-century amenities, including sports viewing, entertainment, music, and wifi.
Investment Overview
Invested $22,900 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Team
- Employees
- 2
- Prior Founder Exits?
- No
Financials
-
Revenue
- $7,669
- Monthly Burn
- $2,199
-
Runway
- 0.2 months
- Gross Margin
- 55%
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