Nan’s Market
Restaurants and Bars
Overview
Raised: $58,170
Total Commitments ($USD)
Platform
SMBX
Start Date
03/31/2022
Close Date
05/27/2022
Min. Goal
$50,000
Max. Goal
$200,000
Min. Investment
$10
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,039
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Nan’s Market is raising funds on SMBX. The rustic kitchen and market is located on Great Road in Stow, Massachusetts, and offers fresh and wholesome food. The food of Nan’s Market is made using nutritious and locally-sourced ingredients and includes farm-fresh breakfasts, nutrient-rich lunches, and flavorful dinners. Jordan Mackey founded Nan’s Market in January 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $200,000. The campaign proceeds will be used for tenement improvement, staff, inventory, and equipment purchases.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,850,807 |
$1,159,543 |
|
COGS |
$1,303,749 |
$744,169 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$521,802 |
$-306,289 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$964,184 |
$95,535 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,512,666 |
$402,749 |
|
Short-Term Debt |
$10,446 |
$18,016 |
|
Long-Term Debt |
$656,239 |
$166,082 |
|
Total Liabilities |
$666,685 |
$184,098 |
Financials as of: 03/31/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.