Savory Celebration
Cook, Create, and Entertain with Savory Celebration!
Overview
Raised: $82,560
Total Commitments ($USD)
Platform
SMBX
Start Date
03/29/2022
Close Date
05/31/2022
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment
$10
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/04/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,332
Momentum
Funded
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Year Founded
2012
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Savory Celebration is raising funds on SMBX. It is a food and catering services provider that offers a high-end customized culinary experience to private residences and corporate clients in Houston, Texas. The offerings of Savory Celebration include private fine dining, hors d’oeuvres parties, cooking classes, catering, private chef services, and customized private events. The business is focused on creating unique experiences through education and entertainment. Robert Rensel founded Savory Celebration in March 2012. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for marketing, promotional events, and equipment.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$140,700 |
$103,855 |
|
COGS |
$72,704 |
$65,352 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-17,846 |
$-22,701 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$7,430 |
$8,244 |
|
Accounts Receivable |
$-7,430 |
$0 |
|
Total Assets |
$43,949 |
$13,557 |
|
Short-Term Debt |
$96,723 |
$28,734 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$96,723 |
$28,734 |
Financials as of: 03/29/2022
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