Overview
Raised: $12,600
Total Commitments ($USD)
Platform
MainVest
Start Date
12/22/2021
Close Date
02/25/2022
Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/27/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$197
# of Investors
13
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Los Angeles, California
XENiA is raising funds on MainVest. It is a modern Mediterranean grill that serves craveable plates, sandwiches, and salads. The food joint also features grilled-to-order proteins, local and seasonal vegetables, and house-made sauces and marinades. XENiA operates popups and plans to open its first ghost kitchen location in January 2022. The launch as a ghost kitchen will allow the business to focus on speed, profit, and scalability. Louis Maskin founded XENiA in March 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used to obtain operating capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$17,114 |
$0 |
|
COGS |
$10,918 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,372 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,824 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,748 |
$0 |
|
Short-Term Debt |
$3,995 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$3,995 |
$0 |
Financials as of: 12/22/2021
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