The Italian Cafe
Real Estate
Overview
Raised: $0
Total Commitments ($USD)
Platform
CrowdSource Funded
Start Date
09/30/2022
Close Date
01/31/2023
Min. Goal
$500,000
Max. Goal
$5,000,000
Min. Investment
$2,000
Security Type
Debt
Series
Seed
Funding Type
RegCF
Interest Rate
10.00%
Term Length
10.0 years
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/31/2023
Days Remaining
Not Funded
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Location
Lake Zurich, Illinois
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
The Italian Cafe is raising funds on CrowdSource Funded. It is a real estate investment company that focuses on the acquisition and management of properties suitable for bars and restaurants. The properties are then leased to experienced restaurant and bar operators that will offer food, spirits, and video gaming to the general public in Illinois. Christy Jepson founded The Italian Cafe in July 2014. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $5 million. The campaign proceeds will be used to expand operations and acquire more properties.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$16,180 |
$16,896 |
|
COGS |
$11,042 |
$9,081 |
|
Tax |
$116 |
$116 |
| ||
| ||
|
Net Income |
$5,022 |
$7,699 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$101,600 |
$25 |
|
Accounts Receivable |
$220,356 |
$218,452 |
|
Total Assets |
$321,956 |
$218,437 |
|
Short-Term Debt |
$116 |
$116 |
|
Long-Term Debt |
$99,807 |
$98,810 |
|
Total Liabilities |
$99,923 |
$98,926 |
Financials as of: 09/30/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
