Barrett & Benitez Development
Early Stage
Real-estate development company
Overview
Raised: $23,890
Total Commitments ($USD)
Platform
Common Owner
Start Date
02/26/2023
Close Date
01/31/2024
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment
$500
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$5.00
Pre-Money Valuation
$500,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/31/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$71
# of Investors
27
Momentum
Not Funded
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Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Barrett & Benitez Development is raising funds on Common Owner. It is a real estate development company that provides essential resources to underserved communities in Buffalo and Western New York. The essential services developed and provided by Barrett & Benitez Development include laundromats, pharmacies, supermarkets, recreational spaces, and urgent care facilities. The business is also involved in the preservation and redevelopment of historic buildings and neighborhoods. Brandi Barrett and Jackeysi Benitez founded Barrett & Benitez Development in August 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used to develop the Loads of Love Laundromat project.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-5,167 |
$-130 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$598 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$20,598 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/26/2023
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