Cara Wines, Inc.

Early Stage
Bringing the taste of Italy to wine lovers
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/28/2023
Days Remaining
314
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2022
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Cara Wines, with a pre-money valuation of $30 million, is raising funds on Title3Funds. The company is both a brand of wine and a wine distribution company focusing on providing high-quality and exceptional Italian wines to wine enthusiasts, retailers, and restaurants. Cara Wines specializes in importing exquisite wines directly from renowned Italian vineyards and subsequently distributing these exceptional selections across the entire United States. The company has secured retail agreements with 3,000+ prominent convenience stores, including well-known names like 7-Eleven and BevMo, and expects to generate approximately $7 million in annual revenue from this partnership. Aaron Varasteh and Brooke Davies a co-founders. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds include marketing expenses, product procurement, warehousing & distribution, employees & consultants, legal fees, and working capital
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$0 |
$0 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$100 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$100 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$0 |
$0 |
Financials as of: 09/14/2023
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