Purely Prepared Brands
Early Stage
Outstanding wood-smoked, prime-cut meats, fish & complete meals
Overview
Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Purely Prepared Brands, inc., with a valuation of $17.7 million, is raising funds on Castle Placement. The company is solving supply and demand issues for their smoked meat brand, Purely Smoked®, by distributing compact serving kitchens directly to retail outlets and suppliers. Each kitchen will stock the pre-packaged, frozen Purely Smoked® meals and entrees. Customers order from touch-screen menus (or their phone), pay and pick up from built-in food lockers – all without face-to-face interaction. All of which will be built on the pre-existing production and supplier infrastructure that exists today. Eddie Feintech founded Purely Prepared Brands in 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for kitchen equipment, operating costs, food inventory, and foodservice contractors.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-113,980 |
$-83,187 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$29,975 |
$35,574 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$49,225 |
$51,074 |
Short-Term Debt |
$40,000 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$40,000 |
$0 |
Financials as of: 05/17/2023
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