Ruby's West End

Ruby's West End

Cozy Brunch Spot

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Security Type
Revenue Sharing
Categories
Hospitality
Min Investment
$100
Location
Portland, ME
Offering Date
July 12, 2021
Expected Close Date
September 17, 2021
Target Raise
$15.00K-$45.00K
Security Price
$1

Company Description

Ruby's is a multi-service restaurant: sit down & take out brunch service/ menu, coffee & pastry service, meal prep program, grab & go program, tasting dinners, florist services, catering services, as well as room service to several local inns.

Key Deal Facts

We are the only establishment that offers such a wide array of services to 14,000 neighborhood residents
Our menu boasts foods such as parfaits, fruit trays, quiches, pies and cakes

Use of Proceeds

  • Outdoor Dining Buildout: $42,300
  • Mainvest Compensation: $2,700

Management Team / Advisory Board Bios

Corrinna Stum, Owner
Founder of Renn Restaurant Group, LLC.Corrinna Stum was the Project Manager of Boca Restaurant Group in Cincinnati, OH, opening three restaurants. Landing in Indianapolis, she held an Opening Manager position for Cunningham Restaurant Group for three restaurant openings, as well as Marketing Coordinator for the company. After leaving corporate restaurant experience she went on to do restaurant consulting before moving to Portland in August 2020.Opened twelve restaurants before consulting. Specialized in revitalizing restaurants to profitable operations.
Amount Raised : $1,100
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Management Team
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Valuation

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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