Nighthorse

Nighthorse

Nightlife Spot

Overview

Raised to Date: Raised: $14,200

Total Commitments ($USD)

Platform

MainVest

Start Date

12/27/2023

Close Date

03/30/2024

Min. Goal
$40,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Series B

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.58X

Rev. Share %

2.65%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/28/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$153

# of Investors

50

Momentum
Not Funded
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Brooklyn, New York

Business Type

Life Style

Nighthorse is raising funds on MainVest. The bar in Brooklyn, NY, serves craft cocktails, beer, and wine and plays good music for people. The bar also has a large space to accommodate a stage and dance floor. Nighthorse’s vibes are mostly dark, industrial, and cozy and include jazz, comedy, DJ, and small band performances. The bar offers seasonal and handcrafted cocktails, craft beer, and delicious wine. Ibraheem Abdul-Malik founded Nighthorse in September 2021. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $124,000. The campaign proceeds will be used for the kitchen buildout.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$201,541

$130,098

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-255,703

$1,420

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$-100

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/27/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Nighthorse 03/29/2024 MainVest - $14,200 Revenue Share Not Funded RegCF
Bar at 66 Greenpoint 07/21/2022 MainVest - $14,100 Revenue Share Funded RegCF
66 Greenpoint 03/24/2022 MainVest - $14,100 Revenue Share Funded RegCF
Bar at 66 Greenpoint 01/09/2022 MainVest - $32,400 Revenue Share Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Nighthorse on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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