San Giovanni
[Closed for Investment] San Giovanni is an iconic commercial fishing vessel. Third-generation and family-run, it’s been delivering fresh seafood in Monterey since 1959, and with this campaign, they’re raising funds to refurbish the all-wooden boat to start fishing once again. San Giovanni is capable of $20,000 worth of fish in a three-day trip, and it’s one of only 120 boats in the Certified Sustainable West Coast Groundfish Trawl Fishery. Plus, they have the permits needed to operate the boat year-round, without seasonal restrictions. Projected revenue is $400,000-750,000 annually, with $240,000 in expenses.
Investment Overview
Raised: $53,828
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 11/19/2018
- Close Date
- 04/19/2019
$51,000
$107,000
$100
Debt
RegCF
5.00%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Farming & Agriculture
- Tech Sector
- Location
- Monterey, California
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/19/2019 | Wefunder | - | $53,828 | Debt | Funded | RegCF |