Data / Crowdfunding / Massachusetts / Kettlebread Franchising Corp
Kettlebread Franchising Corp: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2022)
Kettlebread Franchising Corp, a corporation in Southwick, MA, filed a Form C with the SEC on June 17, 2022 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on September 21, 2022. In its most recent fiscal year it reported $715,584 in revenue and a net loss of $13,689, with 22 employees.
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- Website
- www.kettlebread.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 491 COLLEGE HIGHWAY, Southwick, MA 01077
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 10, 2022
- SEC CIK
- 0001933211
Offering terms
From the offering filed June 17, 2022.
- Security
- Common Stock
- Price
- $1.25
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- September 21, 2022
- Portal compensation
- 9 percent
Financials
From the Form C-U filed September 23, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $715,584 | $411,791 | sec.gov |
| Cost of goods sold | $515,440 | $328,574 | sec.gov |
| Net income | $-13,689 | $-36,090 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $162,483 | $144,137 | sec.gov |
| Cash | $20,948 | $14,110 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $40,610 | $41,424 | sec.gov |
| Long-term debt | $135,643 | $164,724 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 23, 2022 | Progress update | $10,000 | $1,070,000 | September 21, 2022 | At the close of the offering, the issuer closed on $182,342 and 162,258 number of securities. | sec.gov |
| June 17, 2022 | Offering | $10,000 | $1,070,000 | September 21, 2022 | sec.gov |
Updated September 23, 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.