The Oak Restaurant and Wine Bar
About this raise
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.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 12/18/2023
- Close Date
- 03/15/2024
$50,000
$124,000
$100
Revenue Share
Quarterly
RegCF
1.50X
2.60%
Company & Team
Company
- Year Founded
- 2023
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/15/2024 | MainVest | - | $0 | Revenue Share | Not Funded | RegCF |
