Boulettes Larder

Boulettes Larder

Closed: Jun. 2024

About this raise

Boulettes Larder is raising funds on SMBX. It is a fully immersive culinary experience in San Francisco, California. Boulettes Larder joins forces with small women-owned businesses and offers lunch, dinner, bar, private dining, and retail experiences under one roof. The business has a loyal customer base and is focused on flavor, sustainability, culture, and ecological attunement. Amaryll Schwertner and Lori Regis founded Boulettes Larder in November 2003. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $65,000. The campaign proceeds will be used for working capital and marketing to scale the restaurant.

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Investment Overview

Invested this round: $117,560

Deal Terms

Total Commitments

Platform
SMBX
Start Date
05/21/2024
Close Date
06/25/2024
Min. Goal
$10,000
Max Goal
$65,000
Min. Investment

$10

Security Type

Debt

Payment Schedule

Monthly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2003
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
San Francisco, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
26
Prior Founder Exits?
No
Founder Name
Amaryll Schwertner
Title
Managing Member
Founder Name
Lori Regis
Title
Managing Member

Financials

 Revenue +21% YoY
$1,909,481
as of FY2023
 Monthly Burn
Profitable
as of FY2023
 Cash on Hand
$150,997
as of FY2023
 Gross Margin
73%
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,909,481

$1,584,103

COGS

$522,052

$430,938

Tax

$0

$0

 

 

Net Income

$422,152

$574,432

Summary Balance Sheet

FY 2023 FY 2022

Cash

$150,997

$367,083

Accounts Receivable

$0

$0

Total Assets

$789,121

$1,328,169

Short-Term Debt

$236,927

$201,377

Long-Term Debt

$460,194

$451,769

Total Liabilities

$697,121

$653,146

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/25/2024 SMBX - $117,560 Debt Funded RegCF
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Boulettes Larder on SMBX 2024
Platform: SMBX
Security Type: Debt

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