El Tamarindo

Growth Stage

RESTAURANTS AND BARS

Analytics

Raised to Date: Raised: $101,940

Aggregate Commitments $

Platform

SMBX

Start Date

10/11/2021

Close Date

01/11/2022

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status
Funded
Reporting Date

01/31/2022

Days Remaining
Funded
% of Min. Goal

204%

% of Max. Goal

41%

Likelihood of Max
Funded
Avg. Daily Raise

$1,108

Momentum
Funded
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

WASHINGTON, District of Columbia

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Life Style

El Tamarindo is raising funds on SMBX. It is a restaurant that offers El Salvadorian cuisine to the people of Washington, DC. The restaurant has been the longest-standing Mexican-Salvadorian restaurant in the area and believes in giving back to the community. It also offers its outer walls to local artists to create colorful murals. Jose Reyes founded El Tamarindo in October 1987. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for building an outer patio, kitchen expansion, working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,297,797

$1,538,385

COGS

$463,889

$437,036

Tax

$31,217

$2,300

 

 

Net Income

$-200,055

$95,132

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$107,741

$33,329

Accounts Receivable

$0

$5,621

Total Assets

$255,155

$394,611

Short-Term Debt

$304,187

$7,750

Long-Term Debt

$75,460

$75,460

Total Liabilities

$379,647

$83,210

Financials as of: 10/11/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Analyst Reports (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including KingsCrowd ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by KingsCrowd ratings
Company specific KingsCrowd rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
El Tamarindo on SMBX 2021
$
Platform: SMBX
Security Type: Debt

Follow company

Follow El Tamarindo on SMBX 2021
View on SMBX (Closed)
Bullish / Bearish
You're Bullish on El Tamarindo on SMBX 2021

Thank you for your vote on El Tamarindo on SMBX 2021

Bullish / Bearish
You're Bearish on El Tamarindo on SMBX 2021

Thank you for your vote on El Tamarindo on SMBX 2021