Overview
Raised: $80,280
Total Commitments ($USD)
Platform
SMBX
Start Date
11/22/2022
Close Date
02/20/2023
Min. Goal
$50,000
Max. Goal
$300,000
Min. Investment
$10
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
11.00%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/27/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$902
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
The Noble Fox is raising funds on SMBX. It is a restaurant and bar in Silverton, Oregon, known for its craft cocktails. The locally-sourced beverages and cocktails of The Noble Fox work well with its well-balanced bites of food and accentuate the entire experience. The Noble Fox is known for incorporating locally-sourced ingredients into its beverages and dishes and remains connected with local farmers and distributors. Jeffrey Tinkham and Jeramie Mykisen founded The Noble Fox in November 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $300,000. The campaign proceeds will be used for equipment, furniture, leasehold improvements, and hiring.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$165,593 |
$0 |
|
COGS |
$23,070 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$28,091 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$15,275 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$294,473 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$263,175 |
$0 |
|
Total Liabilities |
$263,175 |
$0 |
Financials as of: 11/22/2022
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