Quesadilla Gorilla

Neutral
BETA

More than just a restaurant

Analytics

Raised to Date: $168,710

Aggregate Commitments $
Platform

SMBX

Start Date

11/10/2020

Close Date

01/15/2021

Min. Goal

$100,000

Max. Goal

$165,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Weekly Commitments $
Status
Funded
Reporting Date

01/27/2021

Days Remaining
Funded
% of Min. Goal

169%

% of Max. Goal

102%

Likelihood of Max
Funded
Avg. Daily Raise

$2,556

Momentum
Funded
Location

Visalia, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Quesadilla Gorilla, an authentic restaurant in Visalia, CA, is raising funds on SMBX. The restaurant offers delicious, locally-sourced food, made using secret recipes of generations of owners’ families. Quesadilla Gorilla makes creative quesadillas, with specials like Dilla of the Day and Build Your Own Quesadilla. Miguel and Mikayla Reyes founded Quesadilla Gorilla in 2013. The current round of crowdfunding has a minimum target of $100,000 and a maximum target of $165,000, and the funds will be used to purchase new equipment for its new and existing locations. Quesadilla Gorilla is already open at four locations and plans to open the fifth one in 2021.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,616,699

$1,428,088

COGS

$1,185,453

$1,120,873

Tax

$82,752

$75,779

 

 

Net Income

$-53,384

$-90,616

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$14,204

$-1,301

Accounts Receivable

$8,475

$8,475

Total Assets

$140,281

$51,446

Short-Term Debt

$181,909

$100,939

Long-Term Debt

$127,456

$0

Total Liabilities

$309,365

$220,734

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