Aviva Brick Oven
Restaurant
Overview
Raised: $28,193
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/06/2024
Close Date
03/20/2024
Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
11.25%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,169
# of Investors
28
Momentum
Funded
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Year Founded
2010
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Aviva Brick Oven is raising funds on Honeycomb. It is a full-service restaurant and bar in Pittsburgh, Pennsylvania that serves as a dynamic and comprehensive dining destination. Aviva Brick Oven offers in-house dining, takeout, and online ordering services and has a diverse menu of Italian-inspired comfort dishes and brick-oven pizza. The business has won several awards and accolades and has a consistent 4.5-star rating across Google and Yelp reviews. Joseph Sebes founded Aviva Brick Oven in May 2010. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used to purchase equipment for expansion.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$1,874,063 |
$1,657,587 |
|
COGS |
$1,085,773 |
$901,915 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$31,511 |
$-53,561 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$11,437 |
$24,543 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$790,437 |
$703,720 |
|
Short-Term Debt |
$35,595 |
$39,329 |
|
Long-Term Debt |
$467,902 |
$420,007 |
|
Total Liabilities |
$503,497 |
$459,336 |
Financials as of: 03/06/2024
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