The Maine Market

The Maine Market

Local, Sustainable, Environmental Aware

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Form C
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Security Type
Revenue Sharing
Categories
Financial Services
Min Investment
$100
Location
PROVINCETOWN, MA
Expected Close Date
September 28, 2022
Target Raise
$30.00K-$250.00K
No. Investors
105
Security Price
$1
Investment Multiple
1.7×
Business’s Revenue Share:
0.3%-2.5%
Securitization
None
Maturity Date
December 31st, 2026
Website
facebook.com
Number of Employees
1
Cash
$7,133
Revenue
$207,540
Short Term Debt
$0
Cost of Goods
$71,474
Long Term Debt
$64,800
Net Income
$122,640

Company Description

Maine Market will be a marketplace offering both local and imported specialty items designed to attract locals and visitors who seek to support a local family-owned business. 

Perks

The Maine Market 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.

Invitation to Opening Function

Invest $1,000 or more to qualify.
17 of 20 remaining
Prior to opening I would like to invite investors of $1000 to tour the revamped facility and enjoy a private on site function



Personal Function

Invest $10,000 or more to qualify.
9 of 10 remaining
Investor of $10,000 will be awarded with a personal function of thanks at a location of your choosing

Key Deal Facts

Fresh baked good from a professional baker
Kitchen to offer a variety of items from street foods, vegan foods, and international cuisines
Seating will be available or items will be available in sustainable takeout containers
On-site fuel
Specialty Market including local and imported items
Catering Available
Coffee Bar

Management Team / Advisory Board Bios

Bethany Marie Gregory
Owner/Executive Chef
2 years operating a kitchen at the 96 Connection a convenience store and  gas station in Candor NY, 4 years Front of House experience as a server, 2 years cashier work at a Shop N Save in Castle Shannon PA during culinary school, 22 years in kitchens, 20 in  management roles, owner of a vegan takeout restaurant in Provincetown MA

Elaine Koss
Head Baker
Owner of Phil’s Bakery, Edgartown, Martha’s Vineyard, Massachusetts (a MV  Staple until Hurricane Bob Damaged the structure) 

Shannon James
Kitchen Manager
Line Cook and house painter in Jamaica current H2b worker
Amount Raised : $45,400
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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
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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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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