Tazga
Growth Stage
Women's Clothing
Analytics
Raised: $250,700
Aggregate Commitments $
Platform
SMBX
Start Date
03/23/2022
Close Date
05/16/2022
Min. Goal
$75,000
Max. Goal
$250,000
Min. Investment
$10
Security Type
Debt
Funding Type
RegCF
Series
Pre-Seed
Rolling Commitments $
Status
Funded
Reporting Date
05/18/2022
Days Remaining
Funded
% of Min. Goal
334%
% of Max. Goal
100%
Likelihood of Max
Funded
Avg. Daily Raise
$4,643
Momentum
Funded
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Location
San Clemente, California
Industry
Apparel & Fashion
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Tazga is raising funds on SMBX. It is a family-owned clothing brand that operates four stores in Southern California. The brand provides fashionable, unique, and high-quality clothes at an accessible price and empowers young women to look and feel their best. Tazga has a loyal customer base and plans to open its fifth location in Palm Beach, Florida, this summer. Alan Ahmatovic founded Tazga in June 2016. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $250,000. The campaign proceeds will be used for refinancing debt and opening the new location.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,814,563 |
$762,702 |
|
COGS |
$753,709 |
$320,068 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$201,538 |
$9,173 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$26,270 |
$10,000 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$436,270 |
$206,000 |
|
Short-Term Debt |
$219,295 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$219,295 |
$0 |
Financials as of: 03/23/2022
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