The Debauchery
Modern European Restaurant
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
12/09/2020
Close Date
01/19/2021
Min. Goal
$150,000
Max. Goal
$240,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/19/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
The Debauchery, an upcoming modern European restaurant in Cleveland, Ohio, is raising funds on MainVest. The restaurant will focus on a dining experience inspired by the medieval feast and traditional European dishes. It will not only offer dinner and cocktails but will also cater to private events with its mobile hearse bar. Leanne Kubiez founded The Debauchery in December 2020. The current round of crowdfunding has a minimum target of $150,000 and a maximum target of $240,000, and the funds will be used for leasehold improvements, equipment, furniture & fixtures, licensing, and operating capital. The Debauchery has the vision to serve authentic and traditional cuisine and beverages through its original and uncommon approach.
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 |
Financials as of: 12/09/2020
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