Craveworthy Brands

Craveworthy Brands

Early Stage

ONE INVESTMENT. TEN RESTAURANT BRANDS.

ONE INVESTMENT. TEN RESTAURANT BRANDS.

Overview

Raised to Date: Raised: $440,095

Total Commitments ($USD)

Platform

Issuance Express

Start Date

12/13/2023

Close Date

04/30/2024

Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.05

Pre-Money Valuation

$33,406,250

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/04/2024

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

$3,189

Momentum
Funded
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Year Founded

2022

Industry

Food, Beverage, & Restaurants

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

South Elgin, Illinois

Business Type

Growth

Craveworthy Brands is raising funds on Issuance Express. The company owns ten restaurant brands directly and indirectly. Craveworthy Brands brings experience and know-how to the brands and helps them grow efficiently. The business uses its Source, Simplify, and Scale model to improve operations at the brands, reduce footprint, reduce labor costs, and streamline operations. Gregg Majewski founded Craveworthy Brands in December 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for store buildouts, remodeling of certain existing stores, brand acquisition, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$1,798

$0

Tax

$0

$0

 

 

Net Income

$-1,798

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$1,798

$0

Long-Term Debt

$0

$0

Total Liabilities

$1,798

$0

Financials as of: 12/13/2023
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Craveworthy Brands on Issuance Express 2023
Platform: Issuance Express
Security Type: Equity - Common
Valuation: $33,406,250
Price per Share: $1.05

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