Arcay Chocolates
Experience award-winning chocolates
Overview
Raised: $142,560
Total Commitments ($USD)
Platform
SMBX
Start Date
02/28/2023
Close Date
04/17/2023
Min. Goal
$40,000
Max. Goal
$124,000
Min. Investment
$10
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
10.00%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
25
% of Min. Goal
356%
% of Max. Goal
115%
Likelihood of Max
Avg. Daily Raise
$6,198
Momentum
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Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
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
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$273,558 |
$253,694 |
|
COGS |
$31,583 |
$45,964 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$33,531 |
$-15,674 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
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: 02/28/2023
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