Chicas Tacos

Chicas Tacos

Early Stage

Home of a Better Taco

Home of a Better Taco

Overview

Raised to Date: Raised: $94,660

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/01/2020

Close Date

04/27/2020

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$6,030,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/02/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,661

# of Investors

163

Momentum
Funded
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Year Founded

2012

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Los Angeles, California

Business Type

Life Style

Chicas Tacos, with a pre-money valuation of $6.03 million, is raising funds on StartEngine. It is a casual Mexican fast-food restaurant chain based in Los Angeles. The restaurant serves traditional Mexican cuisine in a homestyle atmosphere and has an efficient operations infrastructure, including a mobile app, self-serving kiosks, and an online ordering system. Chicas Tacos was founded by Eduardo Ruiz, Christopher Blanchard, Jon Blanchard, and Nicolo Rusconi in 2016. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used to add more locations. Chicas Tacos has worked with many prominent brands, and its food Chicas Tacos has won several awards.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$9,450

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-237,365

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$13,233

$0

Accounts Receivable

$0

$0

Total Assets

$479,780

$0

Short-Term Debt

$17,145

$0

Long-Term Debt

$0

$0

Total Liabilities

$17,145

$0

Financials as of: 03/01/2020
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Chicas Tacos on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,030,000
Price per Share: $5.00

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

Chicas Tacos Deal Report

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