Turchetti's Salumeria

Turchetti's Salumeria

Open  for investment

About this raise

Turchetti’s Salumeria, with a valuation of $2.5 million, is raising funds on Wefunder. The business makes high-quality and shelf-stable charcuterie and deli meats. Turchetti’s Salumeria has a USDA-certified facility, strong brand recognition, and increasing demand from grocery, wholesale, and food service partners, and it is primed for national expansion. The business is tracking to $750,000 in revenue in 2025 and is projected to exceed $20 million in sales by 2030 with national expansion. George Turkette founded Turchetti’s Salumeria in February 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for new automation equipment, hiring, expansion of distribution channels, marketing, product development, and regulatory compliance.

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Investment Overview

Committed this round: $110,250

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
04/18/2025
Close Date
09/30/2025
Min. Goal
$50,000
Max Goal
$124,000
Min. Investment

$100

Security Type

Convertible Note

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

10%

Company & Team

Company

Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Indianapolis, Indiana
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
George Turkette
Title
CEO

Financials

 Revenue -26.4% YoY
$644,240
as of FY2024
 Monthly Burn
Profitable
as of Mar '25
 Cash on Hand
$11,349
as of Mar '25
 Gross Margin
52%
as of FY2024

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$644,240

$875,142

COGS

$310,996

$320,654

Tax

$0

$0

 

 

Net Income

$84,005

$152,298

Summary Balance Sheet

FY 2024 FY 2023

Cash

$85,139

$42,055

Accounts Receivable

$0

$3,388

Total Assets

$135,139

$142,243

Short-Term Debt

$39,544

$4,695

Long-Term Debt

$732,638

$788,598

Total Liabilities

$772,182

$793,294

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$76,025
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/30/2025 Wefunder $2,500,000 $110,250 Convertible Note Active RegCF
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Turchetti’s Salumeria on Wefunder 2025
Platform: Wefunder
Security Type: Convertible Note
Valuation: $2,500,000

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