Sam Lee Laundry LLC

Sam Lee Laundry LLC logo via Clearbit

Profile

According to their SEC filings, Sam Lee Laundry LLC is a Limited Liability Company organized in CA on 01-02-2015. They report having 9 employee(s), and revenue in their most-recent fiscal year of $2,052,422.00 and $762,763.00 the prior year.

Location

644 Broadway, Unit 10

San Francisco, CA 94133

Equity Crowdfunding Campaigns

Reg CF Offering from Sam Lee Laundry LLC (Previous)

Campaign Details

According to their SEC filings, Sam Lee Laundry LLC previously ran a Regulation Crowdfunding campaign to raise $200,000.00 (up to a maximum of $500,000.00) in Debt via Wefunder before a deadline of 08-18-2017.

As compensation for managing the offering, Wefunder reported being compensated as follows:

4.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.

In addition to any direct compensation, Sam Lee Laundry LLC reported that Wefunder would also receive the following financial interest in the offering:

No

Sam Lee Laundry LLC filed the following progress report with the SEC at the end of their campaign:

The final number is $270,788.00 in investments

Reg CF Offering from Sam Lee Laundry LLC (Previous)

Campaign Details

According to their SEC filings, Sam Lee Laundry LLC previously ran a Regulation Crowdfunding campaign to raise $0.00 (up to a maximum of $0.00) in via before a deadline of .

As compensation for managing the offering, reported being compensated as follows:

In addition to any direct compensation, Sam Lee Laundry LLC reported that would also receive the following financial interest in the offering:

Sam Lee Laundry LLC filed the following progress report with the SEC at the end of their campaign:

$476,851.00 in investments. Payments are still being processed; final number is yet to be determined. The deadline date was set to today to work around an EDGAR glitch but the offering actually closed on 08-17-16.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $2,052,422.00 $762,763.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $168,266.00 $-1,165,395.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $47,971.00 $45,938.00
Accounts Receivable $880,561.00 $265,495.00
Short-term Debt $150,000.00 $267,110.00
Long-term Debt $1,177,436.00 $1,247,327.00

Complete Reg CF filings list for Sam Lee Laundry LLC

  • [2018-04-30T21:21:30+00:00] Sam Lee Laundry LLC filed a Form C-AR.

    File number: 020-22843

  • [2018-02-14T15:26:19+00:00] Sam Lee Laundry LLC filed a fundraising progress report (Form C-U) with the following update: "$476,851.00 in investments. Payments are still being processed; final number is yet to be determined. The deadline date was set to today to work around an EDGAR glitch but the offering actually closed on 08-17-16."

    File number: 020-23036

  • [2017-07-28T14:43:45+00:00] Sam Lee Laundry LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $200,000.00 via Wefunder. The nature of the amendment was described as follows:

    Changed deadline date, included video transcripts, and updated business plan.

    File number: 020-23036

  • [2017-05-05T20:28:13+00:00] Sam Lee Laundry LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $200,000.00 via Wefunder. The nature of the amendment was described as follows:

    Included reviewed 2016 financials. Updated use of funds. Extended deadline. Updated with 2016 operating results. Corrected one figure. Updated profile. Added early bird perk. Issuer borrowed another $50k from managing member.

    File number: 020-23036

  • [2017-05-05T20:02:13+00:00] Sam Lee Laundry LLC filed a Form C/A-W.

    File number: 020-23036

  • [2017-05-02T17:58:10+00:00] Sam Lee Laundry LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $200,000.00 via Wefunder. The nature of the amendment was described as follows:

    Included reviewed 2016 financials. Updated use of funds. Extended deadline. Updated with 2016 operating results. Corrected one figure. Updated profile. Added early bird perk. Issuer borrowed another $50k from managing member.

    File number: 020-23036

  • New Filing Form C

    [2016-10-19T20:48:37+00:00] Sam Lee Laundry LLC filed a Form C to raise a target amount of $200,000.00 (up to a maximum of $550,000.00) of via Wefunder.

    File number: 020-23036

  • [2016-08-29T15:21:27+00:00] Sam Lee Laundry LLC filed a fundraising progress report (Form C-U) with the following update: "$476,851.00 in investments. Payments are still being processed; final number is yet to be determined. The deadline date was set to today to work around an EDGAR glitch but the offering actually closed on 08-17-16."

    File number: 020-22843

  • [2016-08-10T19:30:46+00:00] Sam Lee Laundry LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Wefunder. The nature of the amendment was described as follows:

    Include updated business plan, podcast transcription, and changed deadline date.

    File number: 020-22843

  • [2016-05-23T16:06:17+00:00] Sam Lee Laundry LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Wefunder. The nature of the amendment was described as follows:

    include audited financials, increase maximum offering amount, update risks, signed by another managing member

    File number: 020-22843

  • New Filing Form C

    [2016-05-16T19:51:35+00:00] Sam Lee Laundry LLC filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $100,000.00) of via Wefunder.

    File number: 020-22843