Community Co-Pack NW
Specialty Foods
Overview
Raised: $99,040
Total Commitments ($USD)
Platform
SMBX
Start Date
06/30/2022
Close Date
09/15/2022
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment
$10
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
7.50%
Term Length
60.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,303
Momentum
Funded
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Year Founded
2011
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Community Co-Pack NW is raising funds on SMBX. It is a contract manufacturer in Portland, Oregon, that provides co-packing experience to food businesses. The business has equipment for hot sauces and beverages, fresh-blended dips, and dry mix bags and seals. Community Co-Pack NW has partnered with Built Oregon, Oregon State University’s Food Innovation Center, Market and Choice, and New Seasons Market. Chris Bailey founded Community Co-Pack NW in July 2011. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $200,000. The campaign proceeds will be used for hiring staff, equipment, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$443,372 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$142,370 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$120,423 |
$0 |
|
Accounts Receivable |
$-2,512 |
$0 |
|
Total Assets |
$132,370 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$50,000 |
$0 |
|
Total Liabilities |
$50,000 |
$0 |
Financials as of: 06/30/2022
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