Popoca

Early Stage

FOOD SERVICE PROVIDER

Analytics

Raised to Date: Raised: $115,130

Aggregate Commitments $

Platform

SMBX

Start Date

05/26/2021

Close Date

07/28/2021

Min. Goal

$25,000

Max. Goal

$250,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Series

Seed

Rolling Commitments $

Status
Funded
Reporting Date

08/01/2021

Days Remaining
Funded
% of Min. Goal

461%

% of Max. Goal

46%

Likelihood of Max
Funded
Avg. Daily Raise

$1,827

Momentum
Funded
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Richmond, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Popoca, a Salvadoran restaurant in Oakland, CA, is raising funds on SMBX. The restaurant brings the traditional cooking and recipes of El Salvador with its progressive food like pupusas and tamales. The food is made using fresh and high-quality ingredients and cooked over a wood fire. Anthony Salguero founded Popoca in January 2020. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $250,000, and the funds will be used towards a hearth for wood-fire cooking, hoods, molino, kitchen equipment, furniture, and lighting fixtures. Popoca will offer an upscale dining experience with an option for guests to choose between a tasting menu and a family-style meal.


Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$154,017

$0

COGS

$42,941

$0

Tax

$5,104

$0

 

 

Net Income

$5,610

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,098

$0

Accounts Receivable

$0

$0

Total Assets

$11,900

$0

Short-Term Debt

$30,432

$0

Long-Term Debt

$0

$0

Total Liabilities

$30,432

$0

Financials as of: 05/26/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Analyst Report

Other Deals

Responsum Health on Republic 2021

The company has created free and disease-specific apps to provide support and knowledge to people with chronic conditions. The apps…

Valuation Cap: $4,500,000
Min Investment: $100
Industry: Healthcare & Pharmaceuticals
Raised $56,226 of $1,070,000 max
RegCF

Curastory on Republic 2021

The Curastory platform allows creators to monetize their video content by uploading their video content on the platform and generating…

Valuation Cap: $9,000,000
Min Investment: $250
Industry: Media, Entertainment & Publishing
Raised $392,127 of $535,000 max
RegCF

Koning on Republic 2021

The Koning Breast CT creates high-contrast 3D breast images with high spatial resolution and no painful compression. Dr. Ruola Ning…

Valuation Cap: $200,000,000
Min Investment: $100
Industry: Healthcare & Pharmaceuticals
Raised $636,653 of $5,000,000 max
RegCF

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Popoca on SMBX 2021
$
Platform: SMBX
Security Type: Debt

Follow company

Follow Popoca on SMBX 2021