Ancho Honey
New American Restaurant
Overview
Raised: $94,100
Total Commitments ($USD)
Platform
MainVest
Start Date
10/18/2023
Close Date
12/22/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
1.75%
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/08/2023
Days Remaining
14
% of Min. Goal
188%
% of Max. Goal
76%
Likelihood of Max
Avg. Daily Raise
$1,845
# of Investors
153
Momentum
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Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Ancho Honey is raising funds on MainVest. It is a new American restaurant in St George, Maine, known for its delicious food and high levels of creativity and quality. Ancho Honey serves cheeseburgers and fried chicken sandwiches that have been nominated for and won several awards. The restaurant has a loyal customer base and is now looking to expand to a new location. Malcolm Bedell founded Ancho Honey in October 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for the renovation and buildout of the new location, equipment, furniture, initial inventory, POS and electronics, lease and legal expenses, and operating capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/18/2023
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