About this raise
Breadbelly is raising funds on SMBX. The cafe is located in San Francisco, California, and serves a menu inspired by Asian and American culinary traditions. Breadbelly is known for its warm hospitality and seasonally-focused food and beverage and delivers a comfortable and refined cafe dining experience. The business has a loyal customer base and is looking to expand into catering, wholesale, and CPG vending. Clement Hsu, James Wong, and Katherine Campesino-Wong founded Breadbelly in January 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $400,000. The campaign proceeds will be used for opening a new manufacturing facility and a new retail location and marketing.
Investment Overview
Invested : $416,960
Deal Terms
Total Commitments
- Platform
- SMBX
- Start Date
- 07/10/2024
- Close Date
- 09/24/2024
$10,000
$400,000
$10
Debt
Monthly
RegCF
10.50%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +29% YoY
-
$1,616,256
as of FY2023
- Monthly Burn
-
Profitable
as of FY2023
-
Cash on Hand
-
$62,219
as of FY2023
- Gross Margin
-
77%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No