S'MAC

Early Stage

Customized Macaroni & Cheese

Overview

Raised to Date: 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    Open SEC Filing

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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S’MAC on StartEngine
Platform: StartEngine
Security Type: Convertible Note
Valuation: $3,000,000

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