The Fox Den in Woburn

The Fox Den in Woburn

Closed: Oct. 2021

About this raise

The Fox Den in Woburn, an upcoming American restaurant in Woburn, MA, is raising crowdfunding on MainVest. The restaurant is inspired by a combination of Polish and Portuguese culinary heritages. The offerings will include sausages, stews, warm and comforting food, and a rotating menu of food and drinks. Ryan Dziki, Adam Dziki, and Julie Dziki founded The Fox Den in Woburn in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $125,000 and a maximum raise of $175,000, will be used towards licenses, permits, furnishings & decoration, staffing, training, new equipment, and initial food and drinks. The Fox Den in Woburn aims to focus on hospitality to make the guests want to keep coming back.

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Investment Overview

Invested this round: $101,100

Deal Terms

Total Commitments

Platform
MainVest
Start Date
08/03/2021
Close Date
11/01/2021
Min. Goal
$95,000
Max Goal
$145,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.70X

Company & Team

Company

Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Location
Malden, Massachusetts
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Ryan Dziki
Title
Head chef/co-owner
Founder Name
Adam Dziki
Title
President/co-owner

Financials

 Revenue +15% YoY
$18,820
 Monthly Burn
$534
 Runway
0 months
 Gross Margin
38%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$18,820

$16,328

COGS

$11,693

$3,442

Tax

$0

$0

 

 

Net Income

$-6,403

$-5,535

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
11/01/2021 MainVest - $101,100 Revenue Share Funded RegCF
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The Fox Den in Woburn on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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