Caribe Soul

Caribe Soul

Closed: Nov. 2021

About this raise

Caribe Soul is raising funds on MainVest. The Tapas restaurant is based in New Haven, CT, and serves the community with its special empanadas. The food offerings of Caribe Soul feature Caribbean flavors and spices, and unique tapas influenced by worldwide experiences. The business started as a food truck and launched its first concept, Madeline’s Empanadaria, in April 2021. Hazel Lebron founded Caribe Soul in 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $75,000. The campaign proceeds will be used for a down payment on the building to set up the new location.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
MainVest
Start Date
10/01/2021
Close Date
11/12/2021
Min. Goal
$50,000
Max Goal
$75,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

Year Founded
2015
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
East Haven, Connecticut
Business Type
Life Style
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Hazel Lebron
Title
Owner

Funding data not publicly available

Financials

 Revenue -11.8% YoY
$24,600
 Monthly Burn
Profitable
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$24,600

$27,900

COGS

$0

$0

Tax

$1,359

$951

 

 

Net Income

$9,623

$6,730

Summary Balance Sheet

Most Recent Year Prior Year

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/12/2021 MainVest - $0 Revenue Share Not Funded RegCF
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Caribe Soul on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Caribe Soul may no longer be accepting investments.

Caribe Soul Deal Report

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