Arcay Chocolates

Arcay Chocolates

Closed: Apr. 2023

About this raise

Arcay Chocolates is raising funds on SMBX. It is an award-winning chocolate studio in Washington, DC. The business started making chocolates in Venezuela and offers a wide variety of chocolate bars, bonbons, and confitures. The chocolates of Arcay Chocolates are made in small batches by hand and have received several medals at International Chocolate Awards. Anabella Arcay de Berti and Rafael Dario Berti founded Arcay Chocolates in October 2017. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $124,000. The campaign proceeds will be used for equipment purchases and construction costs.

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Investment Overview

Invested this round: $147,470

Deal Terms

Total Commitments

Platform
SMBX
Start Date
02/28/2023
Close Date
04/17/2023
Min. Goal
$40,000
Max Goal
$124,000
Min. Investment

$10

Security Type

Debt

Payment Schedule

Monthly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Rockville, Maryland
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Anabella Arcay de Berti
Title
Master Chocolatier
Founder Name
Rafael Dario Berti
Title
Co-Owner

Financials

 Revenue +8% YoY
$273,558
as of FY2022
 Monthly Burn
Profitable
as of FY2022
 Cash on Hand
$18,820
as of FY2022
 Gross Margin
88%
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$273,558

$253,694

COGS

$31,583

$45,964

Tax

$0

$0

 

 

Net Income

$33,531

$-15,674

Summary Balance Sheet

FY 2022 FY 2021

Cash

$18,820

$55,254

Accounts Receivable

$0

$0

Total Assets

$127,764

$151,281

Short-Term Debt

$9,566

$45,174

Long-Term Debt

$61,326

$80,098

Total Liabilities

$70,892

$125,272

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/17/2023 SMBX - $147,470 Debt Funded RegCF
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Arcay Chocolates on SMBX 2023
Platform: SMBX
Security Type: Debt

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