Sol Bistro St Pete (2021)

Sol Bistro St Pete (2021)

Closed: Oct. 2021

About this raise

Sol Bistro St Pete is raising funds on MainVest. It is an upcoming health food restaurant with its menu composed of scratch-made, farm-to-table, and delicious selections. The offerings of Sol Bistro St Pete will be made using locally sourced and fresh produce. The restaurant will also offer grain-free, vegan, and vegetarian options. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $25,000. The campaign proceeds will be used to open the first location, renovate an existing space, purchase new equipment, and raise startup capital.

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Investment Overview

Invested this round: $21,600

Deal Terms

Total Commitments

Platform
MainVest
Start Date
08/13/2021
Close Date
10/15/2021
Min. Goal
$15,000
Max Goal
$25,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
St Petersburg, Florida
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Debbie DeVico
Title
Executive Chef
Founder Name
Ronald O'Neil
Title
Director of Operations

Financials

 Revenue
$0
 Cash on Hand
$0

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/10/2021 MainVest - $15,000 Revenue Share Funded RegCF
10/15/2021 MainVest - $21,600 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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Sol Bistro St Pete on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Sol Bistro St Pete may no longer be accepting investments.

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