Aurora Market

Aurora Market

Food Market

Food Market

Overview

Raised this Round: Raised: $51,160

Total Commitments ($USD)

Platform

SMBX

Start Date

07/18/2022

Close Date

10/24/2022

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

7.50%

Term Length

5.0 years

Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Washington, District of Columbia

Business Type

Life Style

Aurora Market is raising funds on SMBX. It is a small business that provides access to healthy food options, daily essentials, organic baked goods, specialty coffee, and delicatessen. The market also serves as the venue to commune and build relationships. Aurora Market has partnered with Fresh Baguette and Lyon Bakery for freshly baked goods, UNIDO, Harare Coffee, and Roastery for coffee, and Boar’s Head for premium meat and cheese. Pablo Ortiz Jr. founded Aurora Market in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for staffing, equipment, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$253,797

$0

COGS

$174,200

$0

Tax

$0

$0

 

 

Net Income

$-16,567

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,383

$0

Accounts Receivable

$0

$0

Total Assets

$336,281

$0

Short-Term Debt

$499,923

$0

Long-Term Debt

$0

$0

Total Liabilities

$499,923

$0

Financials as of: 07/18/2022
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Aurora Market on SMBX 2022
Platform: SMBX
Security Type: Debt

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