Ethiopic Co - Company Profile - Crowdonomics
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Ethiopic Co

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.
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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
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Round history

Round name
Perk description
Perk level (dollars)
Perk level (days)
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Early Bird Perk history

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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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