Overview
Raised: $380,100
Total Commitments ($USD)
Platform
SMBX
Start Date
03/30/2022
Close Date
07/11/2022
Min. Goal
$100,000
Max. Goal
$500,000
Min. Investment
$10
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,726
Momentum
Funded
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Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Quesadilla Gorilla is raising funds on SMBX. The authentic restaurant is located in Visalia, CA, and offers delicious, locally-sourced food made using secret recipes of generations of owners’ families. Quesadilla Gorilla makes creative quesadillas, with specials like Dilla of the Day and Build Your Own Quesadilla. Quesadilla Gorilla has four locations, three mobile catering units, and annual revenue of $2.6 million, Miguel and Mikayla Reyes founded Quesadilla Gorilla in 2013. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for a new food truck, franchising rights, marketing, improvements to the Fresno store, and equipment for the sixth store.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,590,017 |
$1,628,872 |
|
COGS |
$1,752,889 |
$1,167,551 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-114,278 |
$-164,661 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$135,311 |
$19,045 |
|
Accounts Receivable |
$1,486 |
$0 |
|
Total Assets |
$421,698 |
$162,904 |
|
Short-Term Debt |
$3,595 |
$8,299 |
|
Long-Term Debt |
$765,086 |
$353,408 |
|
Total Liabilities |
$768,681 |
$361,707 |
Financials as of: 03/30/2022
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