CENA
Restaurant
Overview
Raised: $12,480
Total Commitments ($USD)
Platform
SMBX
Start Date
03/20/2024
Close Date
05/14/2024
Min. Goal
$10,000
Max. Goal
$75,000
Min. Investment
$10
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
11.25%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/27/2024
Days Remaining
17
% of Min. Goal
125%
% of Max. Goal
17%
Likelihood of Max
Avg. Daily Raise
$328
Momentum
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
CENA is raising funds on SMBX. It is a Mexican restaurant in Brooklyn, New York that offers a perfect blend of authentic and modern Mexican cuisine. CENA serves innovative dishes that combine traditional Latin flavors with modern techniques and create a unique dining experience. The business plans to expand further through digital marketing and by organizing exclusive pop-up dinners in different cities to introduce CENA to different communities. Luisenny Cardozo, Aron Watman, and Oliver Rivera founded CENA in March 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $75,000. The campaign proceeds will be used for working capital, marketing, and restaurant improvements.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$959,131 |
$1,103,139 |
|
COGS |
$260,152 |
$312,678 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$67,559 |
$17,366 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$1,078 |
$21,321 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$54,782 |
$75,025 |
|
Short-Term Debt |
$-10,687 |
$94,285 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$-10,687 |
$94,285 |
Financials as of: 03/20/2024
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