Cape Cod Cellars
Wine Store
Overview
Raised: $10,640
Total Commitments ($USD)
Platform
SMBX
Start Date
04/20/2022
Close Date
07/11/2022
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$10
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/11/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$130
Momentum
Not Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Cape Cod Cellars is raising funds on SMBX. The company curates wines from all over the world that reflect the taste, spirit, and qualities of the Cape, Nantucket, and Martha’s Vineyard. Cape Cod Cellars offers a unique experience to everyone with its own CCC branded reserve and finest wines from the world. The business also ships to over 40 states in the US and has a Wine Club with monthly wine subscriptions. Timothy Cooney founded Cape Cod Cellars in October 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for hiring a marketing officer, hiring other staff, and inventory.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$112,023 |
$19,583 |
|
COGS |
$78,042 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-160,053 |
$-51,955 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$179,594 |
$4,035 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$184,782 |
$9,035 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 04/20/2022
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