La Perla

RESTAURANTS AND BARS

Analytics

Raised to Date: $38,100

Aggregate Commitments $
Platform

SMBX

Start Date

04/20/2021

Close Date

06/09/2021

Min. Goal

$25,000

Max. Goal

$100,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Series

Seed

Rolling Commitments $
Status

Active

Reporting Date

05/12/2021

Days Remaining

25

% of Min. Goal

152%

% of Max. Goal

38%

Likelihood of Max
possible
Avg. Daily Raise

$1,732

Momentum
cool
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Location

Oakland, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

La Perla, a restaurant and bar in Oakland, CA, is raising funds on SMBX. The restaurant offers Puerto Rican food with generous portions and warm hospitality. It started as a small operation inside a convenience store and now plans to move to a larger space. The offerings include arroz con gandules, empanadillas, pernil, and mofongo. Gabriel Ortiz founded La Perla in 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The raise proceeds will target equipment upgrades and working capital. La Perla has cooked and served meals for vulnerable families during the pandemic and stayed afloat as they waited to open the new location.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$348,553

$418,676

COGS

$205,261

$252,091

Tax

$1,360

$0

 

 

Net Income

$1,845

$50,137

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$27,749

$6,505

Accounts Receivable

$7,791

$0

Total Assets

$104,628

$10,454

Short-Term Debt

$3,015

$4,499

Long-Term Debt

$120,857

$0

Total Liabilities

$123,872

$4,499

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