The Moran Square Diner

The Moran Square Diner

Diner

Diner

Overview

Raised to Date: Raised: $9,600

Total Commitments ($USD)

Platform

MainVest

Start Date

07/20/2020

Close Date

10/13/2020

Min. Goal
$20,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

10/13/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$113

# of Investors

22

Momentum
Not Funded
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Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Fitchburg, Massachusetts

Business Type

Life Style

The Moran Square Diner, a diner in Fitchburg, MA, is raising crowdfunding on MainVest. The diner was built in 1939 and had always been known for its great food and dining experience until it closed down in 2018. Brittany Rose Careau and Adam O’Neil Willoughby have bought The Moran Square Diner and plan to reopen it this fall. They aim to bring back the beloved local restaurant for the people of Fitchburg. The current round of crowdfunding has a minimum target of $20,000 and a maximum target of $50,000, and the funds will be used for equipment, renovations, tableware, and working capital. The Moran Square Diner has an excellent reputation and will be led by an experienced team with a lot of passion for food.

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: 07/20/2020
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The Moran Square Diner on MainVest
Platform: MainVest
Security Type: Revenue Share

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