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Ethiopic Co
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We opened our first location in Washington, DC in 2010. We invested $30,000 into the restaurant and did most of the work ourselves to become fully operational. We did so well that we were able to make $200,000 in profit in our first year. Eleven years of successfully running our first restaurant has taught us so many life lessons and that you can do so much with so little.
Most Recent Valuation:
$NaN
Legal Name:
Founded:
State of HQ:
Ethiopic, LLC
8/1/2019
MD
Company Description
Employees:
[]
Funding Summary
Number of funding rounds
1
Total amount raised
$69,400
Round name | End date | Raised | Status | Type | Investment minimum | Valuation | Valuation Cap | Price per share |
|---|---|---|---|---|---|---|---|---|
Ethiopic Co Share 1 | 06/25/2021 | $69,400.00 | closed | Revenue Share | $100 |
See round history
Round history
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Early Bird Perk history
Company notes
Type | Round name | Date Added | Date Updated | Notes |
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Financials (up to prior 4 years)
Revenue
COGS
Gross margin | (%)
Taxes
SG&A, other
Net income
Cash/Equivalents
Accounts Receiv
Other Assets
Assets
Short term debt
Long term debt
Equity/other liabilities
Gross margin, Other Assets, and Equity/other liabilities are derived from the financial statements of the company reported to the SEC. Assets = Liabilities + Equity, and no equity accounts nor accounts payable are reported to the SEC, hence the possibility for that amount to be either equity or a liability.
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