Alt Cafe

Alt Cafe

An Alternative Brewing Experience

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Security Type
Revenue Sharing
Categories
Hospitality
Min Investment
$100
Location
New York, NY
Offering Date
May 13, 2021
Target Raise
$15.00K-$107.00K
Security Price
$1

Company Description

Alt cafe is a downtown cafe, bar, bakery, and screen printing studio, In addition to providing a gathering spot for all generations, an important part of our mission will be to provide useful skills, training, mentoring and inspiration to young adults.

Key Deal Facts

Phase One: Sign Lease and Build-out Cafe- Find the perfect storefront space in NYC, preferably on the Lower East Side to open the first cafe/bar/retail store/screen printing facility & performance space.
Phase Two: Open for Business and Re-invest Sales- Create a Screen Printing Business and new Clothing Lines. We want to create a screen printing business to release our own apparel line which will continue the spirit and creative-energy that poured out of our previous locations.

Use of Proceeds

Lease Acquisition : $25,000

Cafe Build-out: $35,000

Cafe Furniture: $5,000

Screen Printing Studio Build-out: $25,000

Sound System/Musician Back-Line: $10,580

Mainvest Compensation: $6,420

Management Team / Advisory Board Bios

Nick Bodor, Owner/ Operator
For the past 25 years, Nick has been creating small independent cafes, bars and music venues in New York City. In 1995, he opened one of the first internet cafes in NYC: alt.coffee. It became a comfortable, welcoming downtown environment in a industry of cold "cyber cafes." 1998 brought The Library Bar; a beer-and-shot dive bar with an award winning indie-rock jukebox. Then, we opened Cake Shop in 2005; a cafe/venue/bar/record store that helped break bands like MGMT, Vampire Weekend and Dirty Projectors.

Angus Bodor, Junior Partner
Angus is the next generation small business entrepreneur. He was born and bred in the East Village and is tapped-in to how young adults are looking for inspiration, career training and a place to show us what they got!
Amount Raised : $10,000
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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