66 Greenpoint

Bar

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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.

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