Big Bear Cafe

Growth Stage

Independent coffeehouse, bakery, and wood-oven kitchen

Analytics

Raised to Date: Raised: $150,000

Aggregate Commitments $

Platform

SMBX

Start Date

12/18/2020

Close Date

01/25/2021

Min. Goal

$50,000

Max. Goal

$150,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Series

Seed

Rolling Commitments $

Status
Funded
Reporting Date

01/31/2021

Days Remaining
Funded
% of Min. Goal

300%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$3,947

Momentum
Funded
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Location

Washington DC, District of Columbia

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Big Bear Cafe, a restaurant in Washington, DC, is raising funds on SMBX. It operates as a coffeehouse, bakery, and wood-oven kitchen out of an old brick Victorian bodega surrounded by grapevines, herb gardens, and flowering trees. It is a perfect setting for a morning cup of coffee, afternoon lunch with friends, or a fire-lit evening dinner. Stuart Davenport founded Big Bear Cafe in 2006. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $100,000, and the funds will be used for general kitchen improvements, public access to pizza oven, new equipment, and working capital. Big Bear Cafe sources its ingredients from the local farms and has grown collaboratively in the past several years.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,515,517

$1,323,661

COGS

$1,086,020

$1,076,858

Tax

$90,304

$31,959

 

 

Net Income

$60,510

$10,391

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$67,836

$53,347

Accounts Receivable

$6,715

$4,263

Total Assets

$171,090

$152,704

Short-Term Debt

$4,353

$13,460

Long-Term Debt

$0

$87,542

Total Liabilities

$4,353

$101,002

Financials as of: 12/18/2020
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Big Bear Cafe on SMBX
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Platform: SMBX
Security Type: Debt

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