Cuentacuentos

Cuentacuentos

Early Stage

Mezcal Brings People Together, Stories Make Us Friends

Mezcal Brings People Together, Stories Make Us Friends

Overview

Raised this Round: Raised: $258,524

Total Commitments ($USD)

Platform

StartEngine

Start Date

07/04/2022

Close Date

12/30/2022

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

$300

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.25

Pre-Money Valuation

$6,162,500

Year Founded

2021

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Longmont, Colorado

Business Type

Growth

Cuentacuentos, with a valuation of $6.16 million, is raising funds on StartEngine. The company preserves and distributes small-batch mezcal by creating a platform to bring family producers together under one brand. The business has a portfolio of over two dozen revolving expressions and has placed its produce with retailers, restaurants, and bars across the country. Cuentacuentos serves the producer community and rural families of Latin America and lets them set prices for the products. Read Spear founded Cuentacuentos in December 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$255,941

$114,716

COGS

$164,213

$70,929

Tax

$1

$1

 

 

Net Income

$45,109

$48,327

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$73,017

$23,569

Accounts Receivable

$26,532

$55,383

Total Assets

$162,647

$118,895

Short-Term Debt

$105,793

$1,032

Long-Term Debt

$21,069

$70,725

Total Liabilities

$126,862

$71,757

Financials as of: 07/04/2022
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Cuentacuentos on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,162,500
Price per Share: $1.25

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