-
Security Type
-
Debt
-
Categories
-
Food & Bev
-
Expected Close Date
-
May 16, 2022
-
Target Raise
-
$25.00K-$150.00K
-
No. Investors
-
30
-
Security Price
-
$1
- Number of Employees
- 15
- Cash
- $53,712
- Revenue
- $846,962
- Short Term Debt
- $0
- Cost of Goods
- $204,278
- Long Term Debt
- $0
- Net Income
- $123,938
Company Description
The Cactus Bar has been a top spot in Boise since 1936! It is the oldest bar still in existence in downtown Boise., In 2017, the Cactus won Boise's Best Dive Bar as well as Uber's top destination in Boise!, The bartop tells a story, depicting over 200+ pictures of Boise from the 1800s to present!, All investor will be invited to an Investor Appreciation Party to see the bar's new renovations!
Key Deal Facts
The Cactus Bar has been a top spot in Boise since 1936! It is the oldest bar still in existence in downtown Boise., In 2017, the Cactus won Boise's Best Dive Bar as well as Uber's top destination in Boise!, The bartop tells a story, depicting over 200+ pictures of Boise from the 1800s to present!, All investor will be invited to an Investor Appreciation Party to see the bar's new renovations!
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
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
ⓘ
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
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.