VeganHood
Vegan Restaurant
Overview
Raised: $50,900
Total Commitments ($USD)
Platform
MainVest
Start Date
12/02/2021
Close Date
01/28/2022
Min. Goal
$45,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$909
# of Investors
96
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
VeganHood is raising funds on MainVest. The restaurant is based in New York and serves 100% plant-based meals and desserts. The vegan food of VeganHood is veganized but not compromised and is traditionally tasty. The food is prepared using herbs, spices, and sauces derived from the Caribbean and American soul food cuisines. VeganHood has 5-star reviews across several platforms, including Google, Yelp, and Happy Cow. Lanise Thomas and Janine Smalls founded VeganHood in June 2020. The current crowdfunding campaign has a minimum target of $45,000 and a maximum target of $75,000. The campaign proceeds will be used for the expansion and renovation of the new location.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$107,318 |
$0 |
|
COGS |
$18,550 |
$0 |
|
Tax |
$980 |
$0 |
| ||
| ||
|
Net Income |
$4,666 |
$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: 12/02/2021
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