Angie's Vietnamese Cuisine

Angie's Vietnamese Cuisine

Mobile popup and private catering business

Mobile popup and private catering business

Overview

Raised to Date: Raised: $16,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

03/27/2024

Close Date

04/29/2024

Min. Goal
$25,000
Max. Goal
$30,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

3.0 years

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/22/2024

Days Remaining

6

% of Min. Goal

64%

% of Max. Goal

53%

Likelihood of Max
unlikely
Avg. Daily Raise

$615

# of Investors

18

Momentum
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Year Founded

2024

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Philadelphia, Pennsylvania

Business Type

Life Style

Angie’s Vietnamese Cuisine is raising funds on Honeycomb. It is a mobile popup and catering business in Glenside, Pennsylvania that specializes in Vietnamese and Asian fusion cuisine. Angie’s Vietnamese Cuisine crafts dishes that blend traditional Vietnamese recipes with modern twists and serves high-quality dishes to its customers. The business increased its revenue by over 900% in two years and plans to expand further now. Lynh Pham founded Angie’s Vietnamese Cuisine in February 2024. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used for new equipment, a van wrap, a branded canopy, a generator, and a trailer build.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$148,870

$80,262

COGS

$38,845

$18,279

Tax

$0

$0

 

 

Net Income

$53,291

$20,797

Summary Balance Sheet

FY 2023 FY 2022

Cash

$2,986

$19,281

Accounts Receivable

$0

$0

Total Assets

$2,986

$19,281

Short-Term Debt

$17,485

$19,624

Long-Term Debt

$5,002

$18,000

Total Liabilities

$22,487

$37,624

Financials as of: 03/27/2024
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Angie’s Vietnamese Cuisine on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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