- Security Type
- Revenue Sharing
- Categories
- Bar
- Min Investment
- $100
- Location
-
BROOKLYN, NY
- Expected Close Date
- July 22, 2022
- Amount Raised
- $5,100
- Target Raise
- $10K-$100K
- No. Investors
- 16
- Security Price
- $1
- Investment Multiple
- 1.68×
- Business’s Revenue Share:
- 0.4%-4%
- Securitization
- None
- Maturity Date
- September 30th, 2030
- Number of Employees
- 1
- Cash
- $0
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-129,078
Company Description
Thanks for visiting our Mainvest page! On September 15, 2021, we began this journey to restore the abandoned Bar and Performance space at 66 Greenpoint Avenue. Watch this page for progress updates!
Key Deal Facts
Music: Hip-Hop, Jazz, R&B, Afrobeats, House
Vibe: Industrial, dark, cozy, well-placed lighting
Customers: Locals, foot traffic, industry crowd, diverse
Performances: Jazz, Comedy, DJs, Small Bands
Food: Bar snacks, late-night food
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.