Zelie Beans Coffee
Families helping families through speciality coffee.
Overview
Raised: $3,000
Total Commitments ($USD)
Platform
Fundopolis
Start Date
07/22/2020
Close Date
11/22/2020
Min. Goal
$35,000
Max. Goal
$95,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.55X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/21/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$25
# of Investors
7
Momentum
Not Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Zelie Beans Coffee, a coffee roasting business in Sugar Land, TX, is raising funds on Fundopolis. The company sources high-quality and ethically-grown coffee beans from family-owned farms to ensure growers receive a fair price for their produce. The beans are then roasted based on their profile to bring out amazing natural flavors. Zelie Beans Coffee was founded by Joseph Mastrangelo in 2018. The company’s crowdfunding round has a minimum goal of $35,000 and a maximum goal of $95,000, and the funds will be used to install a new roaster, source and purchase new green coffees, pay for the buildout of a newly leased space, and purchase quality control equipment. Zelie Beans Coffee has a positive community impact due to its sustainability and community building. The company also plans to create a craft brewery type of environment for weekend tours and events.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$22,414 |
$2,000 |
|
COGS |
$16,447 |
$950 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$282 |
$-66 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$4,082 |
$1,342 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$5,981 |
$1,347 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 07/22/2020
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