Arcay Chocolates

Arcay Chocolates

Experience award-winning chocolates

Experience award-winning chocolates

Overview

Raised this Round: Raised: $147,470

Total Commitments ($USD)

Platform

SMBX

Start Date

02/27/2023

Close Date

04/17/2023

Min. Goal
$40,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.00%

Term Length

3.0 years

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

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.

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

Financials as of: 02/27/2023
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Arcay Chocolates on SMBX 2023
Platform: SMBX
Security Type: Debt

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