Fire Grounds Coffee

Fire Grounds Coffee

Early Stage

Coffee Roaster

Coffee Roaster

Overview

Raised this Round: Raised: $47,360

Total Commitments ($USD)

Platform

Mr. Crowd

Start Date

06/28/2022

Close Date

04/30/2023

Min. Goal
$37,000
Max. Goal
$1,036,000
Min. Investment

$370

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$370.00

Pre-Money Valuation

$3,700,000

Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Dallas, Texas

Business Type

Growth

Fire Grounds Coffee, with a valuation of $3.7 million, is raising funds on Mr. Crowd. It is a coffee roaster that has developed premium coffees from coffee beans that come from Colombia. The company is focused on providing top-quality coffee to first responders, including firefighters, police officers, and EMTs, local grocery stores, and veterans. Fire Grounds Coffee has identified distinct customer segments and plans to leverage its competitive edge of high-quality products to establish a cult-like status. The company also plans to create outstanding merchandise and apparel. Paul Clarke founded Fire Grounds Coffee in 2018. The current crowdfunding campaign has a minimum target of $37,000 and a maximum target of $1,036,000. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$111,930

$71,311

COGS

$40,596

$19,423

Tax

$0

$0

 

 

Net Income

$15,211

$-4,791

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$880

$5,644

Accounts Receivable

$0

$0

Total Assets

$67,070

$48,504

Short-Term Debt

$17,922

$14,567

Long-Term Debt

$0

$0

Total Liabilities

$17,922

$14,567

Financials as of: 06/28/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Fire Grounds Coffee 04/29/2023 Mr. Crowd $3,700,000 $47,360 Equity - Common Funded RegCF
Fire Grounds Coffee 12/30/2021 Mr. Crowd $1,000,000 $0 Equity - Common Not Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Fire Grounds Coffee on Mr. Crowd 2022
Platform: Mr. Crowd
Security Type: Equity - Common
Valuation: $3,700,000
Price per Share: $370.00

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