Big Bear Cafe
Independent coffeehouse, bakery, and wood-oven kitchen
Analytics
Raised to Date: $180,110
Aggregate Commitments $
SMBX
12/18/2020
01/25/2021
$50,000
$150,000
$10
Debt
RegCF
Seed
Weekly Commitments $
Active
01/20/2021
1
360%
120%
$5,458
Washington DC, District of Columbia
Food, Beverage, & Restaurants
Non-Tech
B2C
Low
High
Big Bear Cafe, a restaurant in Washington, DC, is raising funds on SMBX. It operates as a coffeehouse, bakery, and wood-oven kitchen out of an old brick Victorian bodega surrounded by grapevines, herb gardens, and flowering trees. It is a perfect setting for a morning cup of coffee, afternoon lunch with friends, or a fire-lit evening dinner. Stuart Davenport founded Big Bear Cafe in 2006. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $100,000, and the funds will be used for general kitchen improvements, public access to pizza oven, new equipment, and working capital. Big Bear Cafe sources its ingredients from the local farms and has grown collaboratively in the past several years.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,515,517 |
$1,323,661 |
|
COGS |
$1,086,020 |
$1,076,858 |
|
Tax |
$90,304 |
$31,959 |
| ||
| ||
|
Net Income |
$60,510 |
$10,391 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$67,836 |
$53,347 |
|
Accounts Receivable |
$6,715 |
$4,263 |
|
Total Assets |
$171,090 |
$152,704 |
|
Short-Term Debt |
$4,353 |
$13,460 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$4,353 |
$101,002 |
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