Tucson Tamale Company

Tucson Tamale Company

Growth Stage

Award-Winning Premium Tamales and Premium Mexican Foods

Award-Winning Premium Tamales and Premium Mexican Foods

Overview

Raised this Round: Raised: $478,438

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/04/2022

Close Date

01/13/2023

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$25,000,000

Discount

0%

Year Founded

2008

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Tucson, Arizona

Business Type

Growth

Tucson Tamale Company, with a valuation of $25 million, is raising funds on Wefunder. It is a premium tamale brand that sells delicious handmade tamales. The tamales of Tucson Tamale Company are authentic, flavorful, convenient, tasty, and made using clean ingredients. Tucson Tamale Company serves tamales in a variety of options, including meat, vegetarian, vegan, twin packs, single serve, and family packs. The products are available in over 5,000 locations and averaged over 30% year-over-year growth in the past three years. Sherry Martin and Todd Martin founded Tucson Tamale Company in June 2008. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for marketing, R&D, channel development, and manufacturing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$6,801,097

$5,510,181

COGS

$5,346,555

$4,060,828

Tax

$8,425

$13,689

 

 

Net Income

$219,144

$212,101

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$601,185

$828,707

Accounts Receivable

$515,695

$695,183

Total Assets

$4,042,280

$2,631,024

Short-Term Debt

$1,589,606

$672,506

Long-Term Debt

$904,401

$677,584

Total Liabilities

$2,494,007

$1,350,090

Financials as of: 10/04/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Tucson Tamale Company 04/30/2023 Wefunder $25,000,000 $132,250 SAFE Funded RegCF
Tucson Tamale Company 01/12/2023 Wefunder $25,000,000 $478,438 SAFE Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Tucson Tamale Company on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

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