Ancient Awakenings

Ancient Awakenings

Kefir, Kombucha, and Cultured Vegetables

Kefir, Kombucha, and Cultured Vegetables

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Honeycomb

Start Date

09/13/2023

Close Date

10/27/2023

Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

36.0 years

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

10/28/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2010

Industry

Food, Beverage, & Restaurants

Tech Sector

Location

Woodstock, Georgia

Ancient Awakenings is raising funds on Honeycomb Credit. The company is based in Woodstock, GA, specializing in Holistic Health, Alternative Therapies, and Probiotic Foods. They offer a range of services and products aimed at promoting overall wellness and natural healing, including probiotic-rich foods like kefir and fermented vegetables, as well as holistic therapies such as nutritional consulting, colon hydrotherapy, aromatherapy, and Reiki. The business has been recognized in publications and has products that have gained popularity among customers. Founder Dana Rankin started the company in 2009. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for purchasing a labeling machine, dishwashing equipment, rebranding, marketing, and moving the production center to a larger space for increased efficiency.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$536,878

$455,919

COGS

$244,563

$182,529

Tax

$0

$0

 

 

Net Income

$65,598

$92,694

Summary Balance Sheet

FY 2022 FY 2021

Cash

$5,835

$13,648

Accounts Receivable

$0

$0

Total Assets

$134,468

$227,603

Short-Term Debt

$11,120

$10,945

Long-Term Debt

$117,672

$136,789

Total Liabilities

$128,792

$147,734

Financials as of: 09/13/2023
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Ancient Awakenings on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt
Price per Share: $1.00

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