CheeseButta

Early Stage

SAUCE MANUFACTURING

Analytics

Raised to Date: Raised: $16,500

Aggregate Commitments $

Platform

SMBX

Start Date

10/27/2021

Close Date

01/11/2022

Min. Goal

$25,000

Max. Goal

$100,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

44

% of Min. Goal

66%

% of Max. Goal

17%

Likelihood of Max
unlikely
Avg. Daily Raise

$516

Momentum
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Location

Vancouver, Washington

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

CheeseButta is raising funds on SMBX. The company makes a one-of-its-kind melting spread. The spread is made by blending four flavorful kinds of cheese with aromatically seasoned butter. The restaurant serves its unique and famous cheese bread coated with the delicious CheeseButta. The product line includes the original, habanero, pepperoni, roasted garlic, and smoked bacon flavors. CheeseButta products are relished by home chefs, foodies, recipe-creators, and high-end snackers across the country. Michael Paul founded CheeseButta in 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for hiring staff, marketing and promotions, inventory, and equipment.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$68,353

$76,250

COGS

$2,970

$2,596

Tax

$0

$0

 

 

Net Income

$39,698

$38,967

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$25,605

$4,275

Accounts Receivable

$-1,000

$0

Total Assets

$30,719

$4,275

Short-Term Debt

$16,851

$3,185

Long-Term Debt

$26,387

$11,052

Total Liabilities

$43,238

$14,237

Financials as of: 10/27/2021
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CheeseButta on SMBX 2021
$
Platform: SMBX
Security Type: Debt

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