S'MAC
Early Stage
Customized Macaroni & Cheese
Overview
Raised: $78,500
Total Commitments ($USD)
Platform
StartEngine
Start Date
07/10/2018
Close Date
12/10/2018
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment
$500
Security Type
Convertible Note
SEC Filing Type
RegCF
Valuation Cap
$3,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/31/2018
Days Remaining
Funded
% of Min. Goal
785%
% of Max. Goal
73%
Likelihood of Max
Funded
Avg. Daily Raise
$513
# of Investors
89
Momentum
Funded
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Year Founded
2005
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
New York, New York
Cheesy goodness you can customize? Yes, please! That’s exactly what S’MAC provides. S’MAC -- short for Sarita’s Macaroni & Cheese -- is a restaurant in the East Village of New York City that features a menu entirely on variations of mac & cheese. Since opening their doors in 2006, they have been trendsetters with more customers than their infrastructure can comfortably handle. On average, they bring in $22,000 a week from sales, and they have 13,000 Facebook followers and over 8,000 people on their mailing list. Now, with this campaign, they hope to expand S’MAC from the existing one unit into ten units and refine its operating model so it can be rolled out nationwide.
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