Grit Grocery, LLC

CIK: 1707356TXIncorporated: 2015-06-09

Current Offering

$150,000
Target Amount
$1,000,000
Maximum Amount
2018-01-04
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 150,000+

Offering Costs

Cash commission: 4%
4.0% 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.
Equity compensation: 2%
Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise.

Financial Reports

Offering via Wefunder

Offering History

As of 2017-07-10
Raising $150,000 -$1,000,000 via 150,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-01-04
As of 2017-12-22
Raising $75,000 -$1,000,000 via 75,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-02-01
Filing date2017-07-102018-05-25
Current employees44
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$415.00$211.00
Cash equi prior fiscal year$478.00$415.00
Cost goods sold most recent fiscal year$62,717$7,405
Cost goods sold prior fiscal year$6,053$62,717
Long term debt most recent fiscal year$63,305$58,227
Long term debt prior fiscal year$0.00$63,305
Net income most recent fiscal year-$69,692.00-$47,432.00
Net income prior fiscal year-$7,306.00-$69,692.00
Revenue most recent fiscal year$49,613$1,287
Revenue prior fiscal year$3,386$49,202
Short term debt most recent fiscal year$5,593$0.00
Short term debt prior fiscal year$0.00$0.00
Tax paid most recent fiscal year$0.00$3.00
Tax paid prior fiscal year$0.00$33.00
Total asset most recent fiscal year$23,686$20,840
Total asset prior fiscal year$9,383$23,271

Company Information

Limited Liability Company
TX
2015-06-09

Latest Metrics

Employees4
Total Assets$23,686
Cash on Hand$415.00
Revenues$49,613
Net Income-$69,692.00

Crowdfunding Portals

This company is raising funds through this portal