Rancho Relaxo

Rancho Relaxo

Department Store

Department Store

Overview

Raised this Round: Raised: $37,500

Total Commitments ($USD)

Platform

MainVest

Start Date

10/19/2021

Close Date

12/17/2021

Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Year Founded

2019

Industry

Retail Shops & Department Stores

Tech Sector

Non-Tech

Location

Rancho Mirage, Massachusetts

Rancho Relaxo is raising funds on MainVest. It is a department store in Rancho Valley, CA that sells apparel and objects made by craftsmen and artisans. The aim of the business is to empower local artisans and create objects that are beautiful, sustainable, and functional. Rancho Relaxo has a 295% monthly growth with a 51% gross margin and a social media following of 3,607. Stella Adena founded Rancho Relaxo in November 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used to set up its vintage trailer Sunny.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$254,686

$49,042

COGS

$170,897

$27,954

Tax

$0

$0

 

 

Net Income

$-146,479

$-36,331

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$28,037

$76,659

Accounts Receivable

$8,464

$8,464

Total Assets

$139,623

$182,754

Short-Term Debt

$65,877

$67,334

Long-Term Debt

$0

$0

Total Liabilities

$65,877

$67,334

Financials as of: 10/19/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Rancho Relaxo 10/27/2022 MainVest - $75,800 Revenue Share Funded RegCF
Rancho Relaxo 12/16/2021 MainVest - $37,500 Revenue Share Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Rancho Relaxo on MainVest 2021
Platform: MainVest
Security Type: Revenue Share

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