Zeitlin’s Delicatessen
About this raise
Zeitlin’s Delicatessen is raising funds on Wefunder. The deli makes and serves authentic Jewish bagels and other Jewish delicacies. Zeitlin’s Delicatessen currently sells through popups and farmers’ markets and plans to open its first brick-and-mortar location in Chicago soon. The business has over 3,300 loyal customers and reported a revenue of $246,000 in 2022, with the 2023 revenue growth estimated to be 198% year-over-year. Sam Zeitlin and Hal Zeitlin founded Zeitlin’s Delicatessen in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $750,000. The campaign proceeds will be used for the buildout of the brick-and-mortar store, equipment, rent, inventory, and operating expenses.
Investment Overview
Invested : $142,408
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 09/17/2023
- Close Date
- 05/01/2025
$50,000
$750,000
$250
Debt
RegCF
5.00%
5.0 years
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +177% YoY
-
$246,164
as of FY2023
- Monthly Burn
-
Profitable
as of FY2023
-
Cash on Hand
-
$35,416
as of FY2023
- Gross Margin
-
81%
as of FY2023
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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 |
|---|---|---|---|---|---|---|
| 05/01/2025 | Wefunder | - | $142,408 | Debt | Funded | RegCF |