California Tacos

Early Stage

No preservatives, no substitutes, no corners cut – just healthy

Analytics

Raised to Date: Raised: $30,016

Aggregate Commitments $

Platform

StartEngine

Start Date

09/08/2021

Close Date

03/09/2022

Min. Goal

$10,000

Max. Goal

$1,069,998

Min. Investment

$248

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$15,040,000

Rolling Commitments $

Status

Active

Reporting Date

09/19/2021

Days Remaining

171

% of Min. Goal

300%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,729

Momentum
cold
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Location

Middletown, Delaware

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

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: 09/08/2021
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