Tucson Tamale Company

Growth Stage

Award-Winning Premium Tamales and Premium Mexican Foods

Overview

Raised to Date: Raised: $478,438

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/05/2022

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%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2023

Days Remaining
Funded
% of Min. Goal

957%

% of Max. Goal

45%

Likelihood of Max
Funded
Avg. Daily Raise

$4,784

# of Investors

380

Momentum
Funded
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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

Company Website

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: 10/05/2022
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Tucson Tamale Company on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

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