SoulFully Vegan
Food Truck
Overview
Raised: $1,100
Total Commitments ($USD)
Platform
MainVest
Start Date
02/20/2023
Close Date
04/17/2023
Min. Goal
$50,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
4.35%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
25
% of Min. Goal
2%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$35
# of Investors
9
Momentum
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
SoulFully Vegan is raising funds on MainVest. It is a vegan food truck in Connecticut that offers healthy and delicious vegan favorites. The offerings of SoulFully Vegan include burgers, fries, and milkshakes and bring the taste of American culture with a Caribbean flair. The business has a loyal customer base and a very strong social media presence giving it a competitive advantage. Allison Vaughan and Calvin Vaughan founded SoulFully Vegan in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $75,000. The campaign proceeds will be used for a new commercial food trailer and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$122,946 |
$0 |
|
COGS |
$20,217 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$6,146 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$4,888 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$19,480 |
$0 |
|
Short-Term Debt |
$344 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$344 |
$0 |
Financials as of: 02/20/2023
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