SAM’s American Eatery

SAM’s American Eatery

SAM’s American Eatery is raising funds on SMBX. The restaurant is located in San Francisco, California, and offers classic American comfort food. SAM’s American Eatery’s menu includes hearty and familiar dishes made using fresh and local ingredients that evoke a sense of nostalgia and comfort. The business has a loyal customer base and is the official dining and catering partner for San Francisco’s Broadway theatres. Jeannie Kim founded SAM’s American Eatery in January 2006. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used to expand catering services, remodel the space, and fund marketing.

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Investment Overview

Raised this Round: Raised: $14,450

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
11/22/2024
Close Date
01/07/2025
Min. Goal
$10,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2006
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
San Francisco, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
16
Prior Founder Exits?
No
Founder Name
Jeannie Kim
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue +412% YoY
$1,185,160
 Monthly Burn
$17,599
 Runway
0 months
Gross Margin
69%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,185,160

$231,347

COGS

$370,171

$106,548

Tax

$0

$0

 

 

Net Income

$-211,185

$-580,114

Summary Balance Sheet

FY 2023 FY 2022

Cash

$840

$913,239

Accounts Receivable

$0

$0

Total Assets

$986,859

$1,258,538

Short-Term Debt

$88,278

$49,651

Long-Term Debt

$1,369,451

$1,388,688

Total Liabilities

$1,457,729

$1,438,339

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/07/2025 SMBX - $14,450 Debt Active RegCF
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SAM’s American Eatery on SMBX 2024
Platform: SMBX
Security Type: Debt

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