Chicas Tacos
Early Stage
Home of a Better Taco
Overview
Raised: $94,660
Total Commitments ($USD)
Platform
StartEngine
Start Date
03/01/2020
Close Date
04/28/2020
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$250
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$5.00
Pre-Money Valuation
$6,030,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/02/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,661
# of Investors
163
Momentum
Funded
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Year Founded
2012
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Chicas Tacos, with a pre-money valuation of $6.03 million, is raising funds on StartEngine. It is a casual Mexican fast-food restaurant chain based in Los Angeles. The restaurant serves traditional Mexican cuisine in a homestyle atmosphere and has an efficient operations infrastructure, including a mobile app, self-serving kiosks, and an online ordering system. Chicas Tacos was founded by Eduardo Ruiz, Christopher Blanchard, Jon Blanchard, and Nicolo Rusconi in 2016. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used to add more locations. Chicas Tacos has worked with many prominent brands, and its food Chicas Tacos has won several awards.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$9,450 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-237,365 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$13,233 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$479,780 |
$0 |
|
Short-Term Debt |
$17,145 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$17,145 |
$0 |
Financials as of: 03/01/2020
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