Le Petit Paris 75

Le Petit Paris 75

[Closed for Investment] Le Petit Paris 75 is raising funds on SMBX. It is a French lounge in the historic San Francisco neighborhood of North Beach. Le Petit Paris 75 offers authentic French cocktails, a warm and inviting atmosphere, and a diverse selection of live music and events. The lounge also hosts various events, including movie screenings and activities like trivia night, costume parties, and decade parties. Liam Halliche founded Le Petit Paris 75 in June 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used for working capital new equipment, and marketing.

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Investment Overview

Raised this Round: Raised: $73,460

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
07/11/2024
Close Date
08/20/2024
Min. Goal
$10,000
Max. Goal
$124,000
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

Company & Team

Company

Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
San Francisco, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Liam Halliche
Title
Owner

Financials

as of Fiscal Year 2023
 Revenue +51% YoY
$319,454
 Monthly Burn
Profitable
 Cash on Hand
$148,505
Gross Margin
80%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$319,454

$211,189

COGS

$64,936

$31,179

Tax

$0

$0

 

 

Net Income

$69,124

$47,500

Summary Balance Sheet

FY 2023 FY 2022

Cash

$148,505

$187,554

Accounts Receivable

$0

$0

Total Assets

$148,505

$228,726

Short-Term Debt

$15,062

$-110,424

Long-Term Debt

$0

$416,784

Total Liabilities

$15,062

$306,360

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/20/2024 SMBX - $73,460 Debt Funded RegCF
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Le Petit Paris 75 on SMBX 2024
Platform: SMBX
Security Type: Debt

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