California Tacos
Early Stage
No preservatives, no substitutes, no corners cut – just healthy
Overview
Raised: $35,182
Total Commitments ($USD)
Platform
StartEngine
Start Date
09/07/2021
Close Date
03/09/2022
Min. Goal
$10,000
Max. Goal
$1,069,998
Min. Investment
$248
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.88
Pre-Money Valuation
$15,040,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$193
# of Investors
47
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
California Tacos, with a valuation of $15 million, is raising funds on StartEngine. It is a fast-casual Southern California-inspired Mexican restaurant that offers a simple and fresh menu. The company has its California Tacos restaurants, Bandito Sauce distribution platform, and a mobile app, Bag-it-To-Go. California Tacos has an established intellectual property portfolio and a proven cuisine concept. Robert Reynolds founded California Tacos in April 2019. The current crowdfunding campaign has a minimum target of $9,999.72 and a maximum target of $1,069,998.24. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$53,254 |
$28,381 |
|
COGS |
$24,958 |
$9,033 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$122,843 |
$120,783 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$18,486 |
$10,841 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$83,420 |
$170,000 |
|
Short-Term Debt |
$4,015 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$4,015 |
$0 |
Financials as of: 09/07/2021
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