Mike & Patty's - Jamaica Plain

New American Restaurant

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Form C
View on Mainvest
Security Type
Revenue Sharing
Categories
Restaurants
Min Investment
$100
Location
JAMAICA PLAIN, MA
Expected Close Date
March 18, 2022
Target Raise
$100.00K-$150.00K
No. Investors
256
Security Price
$1
Investment Multiple
1.6×
Business’s Revenue Share:
4%-6%
Securitization
None
Maturity Date
January 1st, 2029
Website
mikeandpattys.com
Number of Employees
5
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

Owners Ania Zaroda and Michael Gurevich purchased the original Mike & Patty's location in Bay Village in 2012 and fell in love with the business of providing an amazing breakfast experience to both Boston locals and out-of-town visitors. Breakfast has always been our favorite meal of the day, and we've been able to expand our Tiny Sandwich Shop to two other locations in the greater Boston area.

Perks

Mike & Patty's - Jamaica Plain is offering perks to investors.You earn the most valuable perk available based on your total investment amount in this business. You will not also receive the perks of lesser value, unless specified below.

Mike & Patty's T-Shirt

Invest $300 or more to qualify.
49 of 50 remaining



Mike & Patty's Hoodie

Invest $500 or more to qualify.
18 of 20 remaining




Full Breakfast for 20 People

Invest $1,500 or more to qualify.
20 of 20 remaining



2 Tickets to Launch Party

Invest $2,000 or more to qualify.
10 of 10 remaining



Become a Sandwich King - Name Your Sandwich

Invest $5,000 or more to qualify.
4 of 4 remaining
Collaborate with our team to create a sandwich and name it! Sandwich will run on our menu for a minimum of one month.



Mike & Patty's Sandwiches Every Day for a Year

Invest $10,000 or more to qualify.
4 of 5 remaining



Private Party for 35 Guests

Invest $20,000 or more to qualify.
3 of 3 remaining



Mike & Patty's Sandwiches For Life

Invest $25,000 or more to qualify.
3 of 3 remaining
a sandwich a day forever!



Use of Proceeds


Equipment
$37,000

Build-out
$37,000

Operating Expenses
$20,000

Mainvest Compensation
$6,000 Total $100,000
Amount Raised : $150,000
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
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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