Savannah Sauce Company, Inc.

CIK: 1809773GAIncorporated: 2014-09-21

Current Offering

$50,000
Target Amount
$250,000
Maximum Amount
2020-08-27
Deadline

Security Details

Type: Convertible Note
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 8%
<p>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.</p>
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2020-05-19
Raising $50,000 -$250,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-08-27
As of 2020-08-05
Raising $20,000 -$250,000 via 20,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-08-27
Filing date2020-05-19
Current employees2
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$89,679
Cash equi prior fiscal year$36,047
Cost goods sold most recent fiscal year$43,629
Cost goods sold prior fiscal year$61,952
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year$43,788
Net income prior fiscal year$18,667
Revenue most recent fiscal year$137,051
Revenue prior fiscal year$96,515
Short term debt most recent fiscal year$0.00
Short term debt prior fiscal year$0.00
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$134,983
Total asset prior fiscal year$91,199

Company Information

Corporation
GA
2014-09-21

Latest Metrics

Employees2
Total Assets$134,983
Cash on Hand$89,679
Revenues$137,051
Net Income$43,788

Crowdfunding Portals

This company is raising funds through this portal