Rangoon - Bond Offering

Rangoon - Bond Offering

Burmese traditional flavors in the heart of Brooklyn, NY.

Print
Claim My Business
Form C
View on SMBX
Security Type
Debt
Categories
Restaurants
Location
BROOKLYN, NY
Expected Close Date
April 15, 2022
Target Raise
$15.00K-$75.00K
Security Price
$10
Website
rangoon.nyc
Number of Employees
14
Cash
$244,684
Revenue
$1,433,643
Short Term Debt
$252,415
Cost of Goods
$284,272
Long Term Debt
$0
Net Income
$45,342

Company Description

Chef Myo Moe prepares and serves traditional Burmese dishes from recipes passed on to her through her mother, grandmother, great grandmother and beyond to the bustling neighborhoods of Brooklyn. Bringing you comfort food that's both healthy and satisfying.

Key Deal Facts

Chef Myo Moe prepares and serves traditional Burmese dishes from recipes passed on to her through her mother, grandmother, great grandmother and beyond to the bustling neighborhoods of Brooklyn. Bringing you comfort food that's both healthy and satisfying.
Amount Raised : $61,690
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment