Income Share
12/30/2022
Brooklyn, New York
Meals, Beverage, & Eating places
Bar Freda is elevating funds on MainVest. It’s a bar, music venue, and restaurant positioned in Ridgewood, New York. The leisure venue brings rising and regional expertise and audiences collectively and builds a neighborhood by its welcoming vibes. The bar presents a highly-curated draft checklist together with extremely inexpensive bottles and cans, whereas the music is booked 5-7 nights per week. Thomas Olsen based Bar Freda in June 2018. The present crowdfunding marketing campaign has a minimal goal of $45,000 and a most goal of $80,000. The marketing campaign proceeds will probably be used for renovations, debt reimbursement, extra soundproofing and technical enhancements, constructing extra storage, advertising, and exterior signage.
Abstract Revenue and Loss Assertion
|
Income |
$146,520 |
$5,587 |
|
COGS |
$63,736 |
$2,502 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
||
|
Web Earnings |
$-79,570 |
$-11,708 |
Abstract Steadiness Sheet
|
Money |
$0 |
$7,752 |
|
Accounts Receivable |
$0 |
$0 |
|
Complete Property |
$109,508 |
$136,673 |
|
Quick-Time period Debt |
$0 |
$0 |
|
Lengthy-Time period Debt |
$0 |
$0 |
|
Complete Liabilities |
$0 |
$0 |
Financials as of: 12/29/2022



