Crisp Salads

Crisp Salads

Restaurants And Bars

Restaurants And Bars

Overview

Raised to Date: Raised: $51,080

Total Commitments ($USD)

Platform

SMBX

Start Date

12/14/2023

Close Date

01/18/2024

Min. Goal
$10,000
Max. Goal
$60,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2024

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

$1,502

Momentum
Funded
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Year Founded

2014

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Oregon City, Oregon

Business Type

Life Style

Crisp Salads is raising funds on SMBX. It is a fast-casual salad restaurant that makes healthy food accessible to all. Crisp Salads uses over 50 fresh and local ingredients to create a variety of salads and warm bowls for its customers and has a loyal customer base. The business currently has three locations and has received several awards, including the Product Excellence Award from the International Fresh Produce Association. Emma Dye founded Crisp Salads in December 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $60,000. The campaign proceeds will be used for working capital for a new location and equipment.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,096,497

$1,882,399

COGS

$954,675

$674,932

Tax

$0

$0

 

 

Net Income

$-221,150

$157,220

Summary Balance Sheet

FY 2022 FY 2021

Cash

$16,248

$136,648

Accounts Receivable

$0

$0

Total Assets

$79,637

$335,789

Short-Term Debt

$22,104

$9,830

Long-Term Debt

$68,962

$116,237

Total Liabilities

$91,066

$126,067

Financials as of: 12/14/2023
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Crisp Salads on SMBX 2023
Platform: SMBX
Security Type: Debt

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