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49 Illinois Restaurant LLC

Operating

Food & Beverage · Buffalo, NY

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Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$106,428
Across 1 round since 2024

Financials

FY2022–FY2024 · from SEC filings · hover any figure for its source
$955K
−$150K
2022
$1.1M
−$98K
2023
$1.4M
$22K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022 unaudited*
FY2023 unaudited*
FY2024
Income statement
Revenue
$954,667
$1,146,580
$1,404,965
Cost of goods sold
$639,913
$626,002
$814,150
Gross margin
33%
45%
42%
Net income
-$150,164
-$98,101
$21,837
Taxes paid
$0
$0
$0
Balance sheet
Cash
$52,592
$8,575
$90,656
Accounts receivable
$0
$1,100
$3,763
Total assets
$106,388
$100,264
$187,244
Short-term debt
$25,480
$102,686
$226,366
Long-term debt
$54,460
$0
$106,428
Total liabilities
$79,940
$102,686
$332,794
Other
Headcount
—
28
28

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Fundraising history

Reg CF · Debt · Nov 2024Closedvia Honeycomb
Raised $106.4K / $124K

Team

1 person
Joshua Holtzman
CEO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 2 annual reports (FY2024–FY2025)

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-TRApr 27, 20260002043333-26-000001
    EDGAR
  • Form C-ARMay 20, 20250002063604-25-000055
    EDGAR
  • Form C-UDec 30, 20240002043333-24-000001
    EDGAR
  • Form CNov 12, 20240002035874-24-000010
    EDGAR
Source: SEC EDGARCIK 0002043333NYLast synced Aug 17, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.