What BBQ & Bar
BBQ Joint
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
08/01/2021
Close Date
10/01/2021
Min. Goal
$40,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.70X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/01/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
What BBQ & Bar, a BBQ joint in LeClaire, IA, is raising crowdfunding on MainVest. The barbecue restaurant specializes in pulled pork, brisket, ribs, chicken, smoked meats, salads, baked potatoes, appetizers, and desserts. The food is available in gluten-free and vegetarian options and is made using high-quality ingredients. Shill Hunter founded What BBQ & Bar in September 2018. The current crowdfunding round has a minimum goal of $40,000 and a maximum goal of $250,000, and the funds will be used to purchase additional equipment and outdoor furniture. What BBQ & Bar provides a fresh barbecue and homemade sides to the community every day and aims to provide a welcoming environment to all meat-eaters and vegetarians.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$286,570 |
$163,935 |
|
COGS |
$179,875 |
$95,487 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-27,832 |
$-32,149 |
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: 08/01/2021
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