Astorga's Family Restaurant
About this raise
Astorga’s Family Restaurant is raising funds on Honeycomb. It is a multi-generational restaurant in Bishop, California, with deep ties to the local community. Astorga’s Family Restaurant is known for its homestyle dishes, like chile verde, sizzling fajitas, and carne asada, and also offers flavourful shrimp tacos with salsa, cheesy chimichangas, and enchiladas suizas. The restaurant is the sponsor of the local tribal powwow and indigenous events, also sponsors local law enforcement, and receives consistent support and patronage from county representatives. Manuel Astorga founded Astorga’s Family Restaurant in September 2013. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for refinancing debt and working capital.
Investment Overview
Committed : $462
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 04/29/2025
- Close Date
- 05/30/2025
$60,000
$124,000
$100
Debt
Quarterly
RegCF
12.75%
3.0 years
Company & Team
Company
- Year Founded
- 2013
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +3% YoY
-
$1,087,413
as of FY2024
- Monthly Burn
-
$5,565
as of FY2024
-
Runway
-
20.9 months
as of FY2024
- Gross Margin
-
69%
as of FY2024
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/30/2025 | Honeycomb | - | $462 | Debt | Active | RegCF |