OfferingRegistry
Offerings / Regulation CF / Grotto LLC

Grotto LLC

Regulation Crowdfunding offering on Wefunder · Form C filed February 24, 2026 · Fairfax, California

Revenue shareEarly revenueLimited Liability Company, CaliforniaHospitality and recreationCommunal bathhouse and spa (pre-opening)

Grotto LLC, a California limited liability company organized in August 2025, is developing a communal bathhouse and spa with soaking pools, saunas, steam rooms and massage services in Fairfax, California. The company is pre-operational with early nominal revenue ($241.12 through October 14, 2025), and it is offering revenue-share promissory notes with a $50,000 target and a $150,000 maximum through Wefunder Portal LLC.

Registry notesThe $50,000 Hebrew Free Loan is senior to the notes under the revenue loan agreement, and the Form C lists its issue date as 1/10/25, which is before the company's August 2025 organization date. The statement of member's equity shows a net loss of $22,150 while the profit and loss statement and Form C show $22,047.66, an unexplained difference.

Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.

Offering terms

Security
Revenue Share
Maximum
$150,000.00
Price
$1.00 per unit
Pricing method
Pro-rated portion of the total principal value of $50,000; interests will be sold in increments of $1.
Deadline
April 30, 2026
Oversubscriptions
Accepted
Intermediary
Wefunder Portal LLC
Funding portal, SEC file 007-00033
Intermediary fee
7.9% 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.
Intermediary equity
No

Financials as filed

ItemMost recent FYPrior FY
Revenue$241$0
Cost of goods sold$0$0
Net income (loss)-$22,048$0
Total assets$89,752$0
Cash and equivalents$71,752$0
Accounts receivable$0$0
Short-term debt$11,800$0
Long-term debt$0$0
Taxes paid$0$0

Two fiscal years as reported on the Form C cover sheet. 0 employees. Offered in 56 states.

Use of proceeds

At the $50,000 target: construction and build-out 78.1%, soft costs (design, permitting and professional fees) 14%, and Wefunder fees 7.9%. At the $150,000 maximum: construction and build-out 46.1%, operating expenses 31% (pre-opening and initial operating costs), marketing and community launch 6%, professional services 1%, contingency 8%, and Wefunder fees 7.9%.

Valuation

Price is $1.00 per unit, determined by a pro-rated portion of the total principal value of $50,000, sold in $1 increments. The company states the offering price was set arbitrarily, without investment banking firms or outside appraisal, and does not reflect book value or earnings. Notes are repaid at 1.5x principal, and the revenue percentage is 3.0% if total raised is under $200,000, 4.0% if between $200,000 and $250,000, and 5% above $250,000.

Prior raises

Not stated

Financial statements

Not audited. The financial statements as of October 14, 2025 were reviewed under SSARS (AR-C Section 90) by Vistra Finance LLC and Jared Minor, CPA, with a review report dated November 24, 2025 and no opinion expressed.