Irie Diner

Peter is building an outdoor patio for his Caribbean restaurant!

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Security Type
Debt
Categories
Restaurants
Location
JACKSONGVILLE, FL
Expected Close Date
July 25, 2022
Amount Raised
$52,270
Target Raise
$50K-$125K
No. Investors
19
Security Price
$1
Number of Employees
13
Cash
$11,852
Revenue
$485,494
Short Term Debt
$33,280
Cost of Goods
$103,792
Long Term Debt
$55,588
Net Income
$130,024

Company Description

Irie Diner Caribbean Restaurant is a full-service casual dining restaurant. Irie Diner's menu is reflective of the Caribbean diaspora. Our dishes bear the name of several Caribbean Islands. In addition to our bold Caribbean flavors, Irie Diner serves beer, draft beer, an assortment of wines, and wine-based cocktails.

Key Deal Facts

Irie Diner has placed in the top three restaurants for Clay County’s Best Caribbean Cuisine!, Total revenue for 2022 is on track to grow by 27% year over year.

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.

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