Timeless Coffee Roasters
About this raise
Timeless Coffee Roasters is raising funds on SMBX. It is a plant-based bakery and coffee roastery based in Oakland, California. Timeless Coffee Roasters has four locations in Oakland and Berkeley, and the demand for their pastries and coffee is increasing rapidly. The company makes its baked goods and coffee in-house daily using vegan and high-quality ingredients and serves its customers. RJ Leimpeter founded Timeless Coffee Roasters in July 2012. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $35,000. The campaign proceeds will be used to build a wholesale production and distribution facility to meet the growing demand for its products.
Investment Overview
Invested : $345,220
Deal Terms
Total Commitments
- Platform
- SMBX
- Start Date
- 12/08/2023
- Close Date
- 02/08/2024
$20,000
$350,000
$10
Debt
Monthly
RegCF
11.00%
5.0 years
Company & Team
Company
- Year Founded
- 2012
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -16.3% YoY
-
$1,616,835
as of FY2022
- Monthly Burn
-
$8,093
as of FY2022
-
Cash on Hand
-
$36,193
as of FY2022
- Gross Margin
-
58%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/08/2024 | SMBX | - | $345,220 | Debt | Funded | RegCF |