The Oak Restaurant and Wine Bar

The Oak Restaurant and Wine Bar

Restaurant

Restaurant

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

MainVest

Start Date

12/17/2023

Close Date

03/15/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

2.60%

Year Founded

2023

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Baltimore, Maryland

Business Type

Life Style

The Oak Restaurant and Wine Bar is raising funds on MainVest. It is an upcoming locally sourced restaurant in Baltimore, Maryland, with comfortable cuisine and a warm environment. The Oak Restaurant and Wine Bar will serve Southern and Caribbean-inspired cuisine with an elevated touch, along with a selection of wines. Najee Saunders founded The Oak Restaurant and Wine Bar in October 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for space buildout and a liquor license.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

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: 12/17/2023
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The Oak Restaurant and Wine Bar on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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