Candlelite Chicago

Candlelite Chicago

Early Stage

Chicago's Favorite Thin-Crust Pizza Since 1950

Chicago's Favorite Thin-Crust Pizza Since 1950

Overview

Raised this Round: Raised: $77,235

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/17/2024

Close Date

09/16/2024

Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$400

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$5,000,000

Year Founded

2024

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Location

Evanston, Illinois

Business Type

Growth

Candlelite Chicago, with a valuation of $5 million, is raising funds on StartEngine. The business has been making Chicago’s favorite thin-crust pizza since 1950. Candlelite Chicago crafts tavern-style pizzas and is moving into the frozen pizzas space for nationwide distribution. The business reported $1.5 million in sales in 2023 and is launching its six-SKU frozen pizza line and nationwide delivery. George P. Fowler founded Candlelite Chicago in May 2024. 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 research and development, inventory, company employment, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 06/17/2024
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Candlelite Chicago on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $1.00

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