Que Concha
Ice Cream Manufacturing
Overview
Raised: $31,380
Total Commitments ($USD)
Platform
SMBX
Start Date
07/14/2023
Close Date
08/18/2023
Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment
$10
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
10.00%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/31/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$897
Momentum
Funded
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Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
VISALIA, California
Que Concha is raising funds on SMBX. The ice cream business offers a modern twist on authentic treats. It creates flavors using Mexican ingredients and tastes like churros and conchas and infuses its desserts and coffees with cultural references. Que Concha’s most popular dessert is its Concha Sandwich with creamy vanilla ice cream sandwiched in Concha pastry. Maira Romo founded Que Concha in December 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used for purchasing equipment, outdoor seating, and advertising.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$100,236 |
$186,732 |
|
COGS |
$39,758 |
$74,193 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$15,999 |
$32,165 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$64,371 |
$69,786 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$67,159 |
$68,822 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 07/14/2023
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