Nine Spoons Artisan Soups

Nine Spoons Artisan Soups

Specialty Food Manufacturing

Specialty Food Manufacturing

Overview

Raised to Date: Raised: $39,200

Total Commitments ($USD)

Platform

SMBX

Start Date

06/22/2023

Close Date

07/26/2023

Min. Goal
$20,000
Max. Goal
$25,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Term Length

2.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/31/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,153

Momentum
Funded
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Year Founded

2015

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

SOUTH EUCLID, Ohio

Business Type

Life Style

Nine Spoons Artisan Soups is raising funds on SMBX. The business is located in Cleveland, Ohio, and makes artisan soups in small batches. The soups of Nine Spoons Artisan Soups are all-natural, delicious, fresh, and packaged conveniently for busy consumers. The business uses high-quality ingredients and family recipes to make its soups and is solving the problem of finding easy-to-prepare and healthy meals. Jennifer Ferone founded Nine Spoons Artisan Soups in November 2015. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $25,000. The campaign proceeds will be used for research and development and working capital for the launch of a new size.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$85,372

$65,443

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-37,392

$-18,651

Summary Balance Sheet

FY 2022 FY 2021

Cash

$6,180

$20,783

Accounts Receivable

$3,570

$3,019

Total Assets

$34,636

$37,975

Short-Term Debt

$20,095

$0

Long-Term Debt

$33,293

$38,234

Total Liabilities

$53,388

$38,234

Financials as of: 06/22/2023
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Nine Spoons Artisan Soups on SMBX 2023
Platform: SMBX
Security Type: Debt

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