Overview
Raised: $79,560
Total Commitments ($USD)
Platform
SMBX
Start Date
10/12/2023
Close Date
12/12/2023
Min. Goal
$20,000
Max. Goal
$500,000
Min. Investment
$10
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
10.75%
Term Length
6.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
10
% of Min. Goal
398%
% of Max. Goal
16%
Likelihood of Max
Avg. Daily Raise
$1,560
Momentum
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Wellness Sushi is raising funds on SMBX. It is a 100% plant-based sushi and Japanese eatery in Denver, Colorado. Wellness Sushi uses healthy and honest ingredients and redefines authentic flavors to create its delicious plant-based menu. The sushi of Wellness Sushi is a must-try for vegans and non-vegans and uses an array of local and seasonal ingredients, including beetroot, Konjac roots, tofu, bean curd, and a variety of mushrooms. Steven Lee founded Wellness Sushi in July 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $500,000. The campaign proceeds will be used to open a new location in Boulder, Colorado.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$391,614 |
$282,188 |
|
COGS |
$131,867 |
$93,477 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$97,835 |
$84,602 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$13,716 |
$5,007 |
|
Accounts Receivable |
$5,736 |
$1,075 |
|
Total Assets |
$186,929 |
$22,652 |
|
Short-Term Debt |
$136,929 |
$2,652 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$136,929 |
$2,652 |
Financials as of: 10/12/2023
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