Southeastern Roastery

Southeastern Roastery

Early Stage

Coffee roasting

Coffee roasting

Overview

Raised this Round: Raised: $15,194

Total Commitments ($USD)

Platform

CrowdFund Mainstreet

Start Date

03/11/2020

Close Date

04/30/2020

Min. Goal
$15,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Location

Washington, District of Columbia

Southeastern Roastery is raising funds on CrowdFund Mainstreet. The business curates sense-focused specialty coffee experiences for culinary and inexperienced palates. Southeastern Roastery makes distinct and authentic coffee roasts and establishes supportive collaborations with women producers and importers. The business currently generates $2,000 per month through wholesale sales and farmers’ market sales and plans to open its own roastery and cafe soon. Candy Schibli founded Southeastern Roastery in June 2017. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $107,000. The campaign proceeds will be used to open the new roastery and cafe, purchase and install new equipment, and hire additional employees.

Summary Profit and Loss Statement

FY 2018 FY 2017

Revenue

$23,742

$7,100

COGS

$27,871

$7,807

Tax

$1,456

$400

 

 

Net Income

$-55,595

$-14,553

Summary Balance Sheet

FY 2018 FY 2017

Cash

$33,875

$61,081

Accounts Receivable

$0

$0

Total Assets

$46,262

$68,805

Short-Term Debt

$5,000

$510

Long-Term Debt

$9,778

$0

Total Liabilities

$14,778

$510

Financials as of: 03/11/2020
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Southeastern Roastery on CrowdFund Mainstreet 2020
Platform: CrowdFund Mainstreet
Security Type: Convertible Note

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