Data / Crowdfunding / Illinois / Italian Cafe, LLC
Italian Cafe, LLC: crowdfunding raise on crowdsourcefunded.com, $500,000 to $5,000,000 (2023)
Italian Cafe, LLC, a limited liability company in Lake Zurich, IL, filed a Form C with the SEC on April 27, 2023 to raise $500,000 to $5,000,000 in debt through crowdsourcefunded.com. The offering closed on October 31, 2023. In its most recent fiscal year it reported $19,204 in revenue and $3,648 in net income, with 2 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.goitaliancafe.com
- Funding portal
- crowdsourcefunded.com
- Address
- 21020 N. RAND ROAD SUITE C-4, Lake Zurich, IL 60047
- Legal form
- Limited Liability Company
- Jurisdiction
- IL
- Incorporated
- July 14, 2014
- SEC CIK
- 0001684321
Offering terms
From the amendment filed April 27, 2023.
- Security
- Debt
- Price
- $1,000.00
- Target
- $500,000
- Maximum
- $5,000,000
- Deadline
- October 31, 2023
- Portal compensation
- 5% of the amount raised
Financials
From the Form C-AR filed April 27, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $19,204 | $16,180 | sec.gov |
| Cost of goods sold | $15,494 | $11,042 | sec.gov |
| Net income | $3,648 | $5,022 | sec.gov |
| Taxes paid | $62 | $116 | sec.gov |
| Total assets | $388,537 | $321,956 | sec.gov |
| Cash | $111,627 | $101,600 | sec.gov |
| Accounts receivable | $276,910 | $220,356 | sec.gov |
| Short-term debt | $56 | $116 | sec.gov |
| Long-term debt | $62,856 | $99,807 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2023 | Amendment | $500,000 | $5,000,000 | October 31, 2023 | Extend Offering Deadline and Update Business Strategy | sec.gov |
| February 1, 2023 | Amendment | $500,000 | $5,000,000 | April 30, 2023 | Extend the offering deadline to April 30, 2023 from January 31, 2023 and to update the business strategy. | sec.gov |
| September 12, 2022 | Offering | $500,000 | $5,000,000 | January 31, 2023 | sec.gov | |
| August 23, 2018 | Amendment | $500,000 | $1,000,000 | January 31, 2019 | Clerical correction of the Offering Deadline shown as July 31, 2018 in the Sixth Amendment previously filed to Amend the Offering Deadline to January 31, 2019. The Offering Deadline is January 31, 2019. | sec.gov |
| July 27, 2018 | Amendment | $500,000 | $1,000,000 | January 31, 2019 | Amend Offering Deadline to July 31, 2018, Amend Par. (g) to show new Offering Deadline, Amend Par. (p) and (s) to update Indebtedness and Financial Condition with 2016 financial results, Amend Par. (I) to Disclose Marketing Contracts and Costs. | sec.gov |
| April 18, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| February 28, 2018 | Amendment | $500,000 | $1,000,000 | July 31, 2018 | Amend Offering Deadline to July 31, 2018, Amend Par. (g) to show new Offering Deadline, Amend Par. (p) and (s) to update Indebtedness and Financial Condition with 2016 financial results, Amend Par. (I) to Disclose Marketing Contracts and Costs. | sec.gov |
| February 27, 2018 | Amendment | $500,000 | $1,000,000 | March 31, 2018 | Amend Offering Deadline to March 31, 2018, amend Par. (b)(1) and Par. (c) for management and ownership information of Manager Ranulfo Vizcarra, add audited statement and amend Par. (s) accordingly, amend Par. (I) to disclose marketing contracts and costs. | sec.gov |
| September 21, 2017 | Amendment | $500,000 | $1,000,000 | March 31, 2018 | Amend Offering Deadline to March 31, 2018, amend Par. (b)(1) and Par. (c) for management and ownership information of Manager Ranulfo Vizcarra, add audited statement and amend Par. (s) accordingly, amend Par. (I) to disclose marketing contracts and costs. | sec.gov |
| June 9, 2017 | Amendment | $500,000 | $1,000,000 | September 30, 2017 | Correct Offering deadline on this input screen to 09/30/2017 and amend use of proceeds. Disclose new URL to company website. | sec.gov |
| June 9, 2017 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 5, 2017 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 4, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| March 31, 2017 | Amendment | $500,000 | $1,000,000 | March 31, 2017 | Extend Offering Deadline to 03/31/2017 and amend use of proceeds | sec.gov |
| December 27, 2016 | Amendment | $500,000 | $1,000,000 | March 31, 2017 | Extend Offering Deadline to 03/31/2017 and amend use of proceeds | sec.gov |
| December 27, 2016 | Offering | $500,000 | $1,000,000 | December 31, 2016 | sec.gov |
Updated April 27, 2023. 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.