La Coop Coffee

La Coop Coffee

Closed: Jan. 2024

About this raise

La Coop Coffee is raising funds on SMBX. It is a coffee business that makes sustainable and high-quality Guatemalan coffee. La Coop Coffee sources its coffee from the Association of Coffee Growers of Union Cantinil (ASOCUC) and other smallholder farm cooperatives and gives the fairest possible price to the producers. The business is focused on community development and providing better-quality beans to its consumers. Juan Luis Salazar founded La Coop Coffee in October 2018. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $124,000. The campaign proceeds will be used for working capital and the buildout of a new location.

Expand

Investment Overview

Invested this round: $124,000

Deal Terms

Total Commitments

Platform
SMBX
Start Date
11/22/2023
Close Date
01/02/2024
Min. Goal
$20,000
Max Goal
$124,000
Min. Investment

$10

Security Type

Debt

Payment Schedule

Monthly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Term Length

4.0 years

Company & Team

Company

Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Washington, District of Columbia
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Juan Luis Salazar Cano
Title
CEO

Financials

 Revenue -9.6% YoY
$578,162
as of FY2022
 Monthly Burn
Profitable
as of FY2022
 Cash on Hand
$68,091
as of FY2022
 Gross Margin
64%
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$578,162

$639,474

COGS

$207,990

$21,924,200

Tax

$0

$0

 

 

Net Income

$10,470

$82,317

Summary Balance Sheet

FY 2022 FY 2021

Cash

$68,091

$127,628

Accounts Receivable

$0

$0

Total Assets

$106,444

$227,977

Short-Term Debt

$67,019

$61,789

Long-Term Debt

$0

$0

Total Liabilities

$67,019

$61,789

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/02/2024 SMBX - $124,000 Debt Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
La Coop Coffee on SMBX 2023
Platform: SMBX
Security Type: Debt

Follow company

Follow La Coop Coffee on SMBX 2023

Buy La Coop Coffee's Deal Report

Warning: according to the close date for this deal, La Coop Coffee may no longer be accepting investments.

La Coop Coffee Deal Report

Get Kingscrowd's comprehensive report on La Coop Coffee including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether La Coop Coffee is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the La Coop Coffee deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge