Glow Worm Play Cafe

Glow Worm Play Cafe

Play Cafe

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Security Type
Revenue Sharing
Categories
Community & Lifestyle
Min Investment
$100
Location
LOUISVILLE, KY
Expected Close Date
December 02, 2022
Target Raise
$100.00K-$104.00K
No. Investors
22
Security Price
$1
Investment Multiple
1.4×
Business’s Revenue Share:
11%-11.4%
Securitization
None
Maturity Date
December 31st, 2028
Number of Employees
1
Cash
$0
Revenue
$29,456
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-47,326

Company Description

We are bringing the community together through indoor play, the cafe, the bakery, retail, and community classes and events.

Use of Proceeds

Operating Capital $9,400 Mainvest Compensation $600 Total $10,000

Management Team / Advisory Board Bios

Glow Worm Play Cafe
Amount Raised : $35,500
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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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