Scream Truck

Scream Truck

Growth Stage

The World's First On-Demand, Experiential Food Trucks

The World's First On-Demand, Experiential Food Trucks

Overview

Raised to Date: Raised: $308,642

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/11/2024

Close Date

07/11/2024

Min. Goal
$250,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Series B

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.64

Pre-Money Valuation

$17,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

87

% of Min. Goal

123%

% of Max. Goal

31%

Likelihood of Max
likely
Avg. Daily Raise

$8,818

# of Investors

144

Momentum
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Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Springfield, New Jersey

Business Type

Life Style

Scream Truck, with a valuation of $17 million, is raising funds on Wefunder. The company has developed the world’s first on-demand experiential food trucks. Scream Trucks are designed to create an awesome experience with their hot pink and bold appearance and premium sound systems and sell creative and premium ice cream treats. The business has over 70,000 households signed up for its reserved routes and has generated $6 million in lifetime revenues. Eric Murphy founded Scream Truck in February 2020. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1 million. The campaign proceeds will be used for software development, purchasing a new truck, and hiring franchise support personnel.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$3,007,857

$1,881,817

COGS

$3,019,642

$1,560,885

Tax

$0

$0

 

 

Net Income

$-2,624,052

$-1,725,456

Summary Balance Sheet

FY 2023 FY 2022

Cash

$313,956

$1,972,992

Accounts Receivable

$12,800

$0

Total Assets

$4,718,743

$4,978,706

Short-Term Debt

$1,052,398

$702,453

Long-Term Debt

$2,286,081

$1,096,932

Total Liabilities

$3,338,479

$1,799,385

Financials as of: 03/11/2024
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Scream Truck on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $17,000,000
Price per Share: $1.64

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