Thai Bird NYC
Thai Restaurant
Overview
Raised: $11,500
Total Commitments ($USD)
Platform
MainVest
Start Date
09/23/2021
Close Date
11/26/2021
Min. Goal
$75,000
Max. Goal
$125,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/25/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$183
# of Investors
7
Momentum
Not Funded
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Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Thai Bird NYC is raising funds on MainVest. The Thai restaurant is located in New York and serves super crispy, juicy, moist, and well-seasoned fried chicken. The chicken is served with a variety of sauces, including green chili sauce, Szechuan hot sauce, and sweet chili sauce. Thai Bird NYC also serves khao soi, Thai bird bowl, and other specialties. Tae Kang founded Thai Bird NYC in March 2016. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $125,000. The campaign proceeds will be used for rent and operating capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$16,955 |
$105,822 |
|
COGS |
$6,684 |
$28,897 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$546 |
$10,390 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$7,770 |
$13,739 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$7,770 |
$13,739 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$10,000 |
$0 |
|
Total Liabilities |
$10,000 |
$0 |
Financials as of: 09/23/2021
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