Local Eateries, Inc

CIK: 2022025DEIncorporated: 2017-07-12

Current Offering

$15,000
Target Amount
$1,235,000
Maximum Amount
2024-08-19
Deadline

Security Details

Type: Common Stock
Price per share: $2.50
Shares offered: 6,000+

Offering Costs

Cash commission: 13%
7 - 13 percent
Equity compensation: 3%
Three percent (3%) of securities of the total amount of investments raised in the offering, along the same terms as investors.

Financial Reports

Offering via StartEngine

Offering History

As of 2024-05-21
Raising $15,000 -$1,235,000 via 6,000+ shares of common Stock at $2.50 per share
Deadline: 2024-08-19
As of 2024-08-14
Raising $15,000 -$1,235,000 via 6,000+ shares of common Stock at $2.50 per share
Deadline: 2024-10-21
As of 2024-10-21
Raising $15,000 -$1,235,000 via 6,000+ shares of common Stock at $2.50 per share
Deadline: 2024-12-23
As of 2024-12-23
Raising $15,000 -$1,235,000 via 6,000+ shares of common Stock at $2.50 per share
Deadline: 2025-02-26
As of 2025-02-26
Raising $15,000 -$1,235,000 via 6,000+ shares of common Stock at $2.50 per share
Deadline: 2025-04-30
Filing date2024-05-21
Current employees3
Act received most recent fiscal year$121,994
Act received prior fiscal year$126,829
Cash equi most recent fiscal year$1,019,976
Cash equi prior fiscal year$1,227,761
Cost goods sold most recent fiscal year$11,204,352
Cost goods sold prior fiscal year$11,328,707
Long term debt most recent fiscal year$11,491,554
Long term debt prior fiscal year$8,086,645
Net income most recent fiscal year-$5,181,250.00
Net income prior fiscal year-$2,054,762.00
Revenue most recent fiscal year$12,661,938
Revenue prior fiscal year$14,571,682
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$2,532,803
Total asset prior fiscal year$4,024,252

Company Information

Corporation
DE
2017-07-12

Latest Metrics

Employees3
Total Assets$2,532,803
Cash on Hand$1,019,976
Revenues$12,661,938
Net Income-$5,181,250.00

Crowdfunding Portals

This company is raising funds through this portal