Zeitlin’s Delicatessen
Buy our tasty, Market-Beating ROI Bagel Bond, and help us build our brick-and-mortar!
Overview
Raised: $96,580
Total Commitments ($USD)
Platform
Wefunder
Start Date
09/16/2023
Close Date
08/30/2024
Min. Goal
$50,000
Max. Goal
$750,000
Min. Investment
$250
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
5.00%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/07/2024
Days Remaining
114
% of Min. Goal
193%
% of Max. Goal
13%
Likelihood of Max
Avg. Daily Raise
$413
# of Investors
125
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
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.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$669,608 |
$246,164 |
|
COGS |
$125,656 |
$55,063 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$11,710 |
$-2,412 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$35,416 |
$14,038 |
|
Accounts Receivable |
$83,718 |
$451 |
|
Total Assets |
$203,211 |
$103,013 |
|
Short-Term Debt |
$111,133 |
$96,066 |
|
Long-Term Debt |
$104,798 |
$12,000 |
|
Total Liabilities |
$215,931 |
$108,066 |
Financials as of: 09/16/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.