Blackout Coffee

Growth Stage
Coffee for America’s Warriors
Overview
Raised: $1,232,639
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
41
% of Min. Goal
8,218%
% of Max. Goal
100%
Likelihood of Max
Avg. Daily Raise
$61,632
# of Investors
1,367
Momentum
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Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Blackout Coffee, with a valuation of $17.9 million, is raising funds on StartEngine. It is an online specialty coffee roasting company known for its fresh coffee. The business sources specialty-grade green coffee beans and works with local co-ops and farmers to get the best beans from the best soil and altitude. Blackout Coffee has sold over $4.5 million worth of products and shipped more than 100,000 orders since its inception. John Dos Santos and Rachael Alyce Santos founded Blackout Coffee in April 2016. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, expansion, company employment, inventory, and working capital.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$2,409,670 |
$1,498,484 |
COGS |
$954,751 |
$622,247 |
Tax |
$1,939 |
$1,181 |
| ||
| ||
Net Income |
$178,263 |
$165,246 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$303,812 |
$167,666 |
Accounts Receivable |
$3,000 |
$635 |
Total Assets |
$490,698 |
$239,001 |
Short-Term Debt |
$73,331 |
$73,331 |
Long-Term Debt |
$207,012 |
$131,900 |
Total Liabilities |
$280,343 |
$205,231 |
Financials as of: 03/03/2023
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