Bar Freda on MainVest 2022

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Bar Freda on MainVest 2022


Safety Sort

Income Share

Reporting Date

12/30/2022

Probability of Max

Momentum

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Location

Brooklyn, New York

Trade

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

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