Data / Crowdfunding / Delaware / Global Restaurant Management LLC
Global Restaurant Management LLC: crowdfunding raise on Wefunder Portal LLC, $999,950 to $4,999,950 (2022)
Global Restaurant Management LLC, a limited liability company in City Of Wilmington, DE, filed a Form C with the SEC on May 2, 2022 to raise $999,950 to $4,999,950 in Membership interests through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $17,210,514 in revenue and $214,159 in net income, with 700 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.pjwestern.com
- Funding portal
- Wefunder Portal LLC
- Address
- 800 Delaware Ave.,, City Of Wilmington, DE 19801
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- May 11, 2012
- SEC CIK
- 0001885375
Offering terms
From the amendment filed May 2, 2022.
- Security
- Membership interests
- Price
- $250.00
- Target
- $999,950
- Maximum
- $4,999,950
- Deadline
- April 30, 2023
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C/A filed May 2, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $17,210,514 | $59,063,000 | sec.gov |
| Cost of goods sold | $13,768,411 | $45,184,000 | sec.gov |
| Net income | $214,159 | $-17,537,000 | sec.gov |
| Taxes paid | $0 | $80,000 | sec.gov |
| Total assets | $63,629,557 | $85,462,000 | sec.gov |
| Cash | $6,462 | $758,000 | sec.gov |
| Accounts receivable | $0 | $8,103,000 | sec.gov |
| Short-term debt | $8,634,498 | $23,690,000 | sec.gov |
| Long-term debt | $56,072,000 | $64,557,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2022 | Amendment | $999,950 | $4,999,950 | April 30, 2023 | Adding 2021 financials and extending campaign. | sec.gov |
| October 13, 2021 | Amendment | $999,950 | $4,999,950 | April 30, 2022 | Adding in the missing operating agreement. | sec.gov |
| October 13, 2021 | Offering | $999,950 | $4,999,950 | April 30, 2022 | sec.gov |
Updated May 2, 2022. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.